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Monday, 14th February 2005 (5079 views)

Luiri Gold Mines has started drilling on a promising new prospect in Zambia.<br/><br/>The company has embarked on its first phase of drilling at the defunct Dunrobin mine, some 120 km west-northwest of Lusaka. The new gold prospect reportedly has the promise to be significantly-sized, long-life operation, Mining Weekly reports.<br/><br/>Ten kilometres away, Luiri also has the long-dormant Matala mine, which was mined between 1928 and 1941, as well as 2,500 km2 of exploration tenements surrounding the Matala and Dunrobin mines, where a number of promising targets have been identified.<br/><br/>The mine at Dunrobin consists of an open pit, which was last systematically mined by Reunion. "Although Reunion had reasonable grades, the low gold prices at the time forced the closure of the operation," Luiri Gold managing director, Mike Sperinck, said.<br/><br/>Luiri was granted a full mining licence for the site in 2003 and the two mines have historically-defined resources of almost 300,000 oz at depths above 200m below surface.<br/><br/>The company plans to erect a centralised mill and carbon in leach (CIL) gold plant, which would serve both Dunrobin and Matala mines, as well as any future targets in the region.<br/><br/>The drilling is being carried out by the Zambian company, Stanley Mining, while Geoquest is facilitating the logistics for Luiri's programme in Zambia. RSG Global, which has been involved in the oversight of the Luiri project for the last three years, will continue to manage the exploration campaign.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=13008582"/>

 

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