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The Anduramba Molybdenum Project is located 150km west of Brisbane in South East Queensland, and is the most advanced project towards development in the D’Aguilar Group. It contains a total Indicated and Inferred Resource of 31.6 million tonnes averaging 0.06% Mo Equiv (see footnote 1 in 2008 Annual Report). The JORC
compliant resource comprises 21 Mt Indicated and
10.6 Mt Inferred (refer ASX Announcement 31 July 2008).
Following the appointment of Mr Vincent Mascolo as General Manager of Anduramba Molybdenum Pty Ltd in January 2008 the Company commenced a complete review of the pre-feasibility study, and a detailed metallurgical testing program was commenced on the HQ diamond core recovered in the drilling program completed in January.
Studies are well advanced to determine the optimum development strategy and optimum project scale. As part of this work it has been established that a 1.95 Mtpa operation ramping up to 3 Mtpa has the potential to also produce 900,000 – 1.3 Mtpa of saleable industrial sand by recovery from the ore tailings.
Apart from significantly reducing the volume required for tailings disposal (and all the associated costs), proceeds from the sale of industrial sand may present a significant processing cost recovery for the project. Detailed testing of tailings sand is currently underway to confirm initial encouraging tests.
The pre-feasibility review has been completed and a proposed financing and development schedule finalised.
Click on images to enlarge
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Anduramba Drill Hole Location Plan |
Block model showing high grade core |
RC drilling 006RCAND001 |
Anduramba Moly core sample |
Core 06DDAND01 74.615 |
