A1 Minerals has announced the first ore reserve statement for its 100%-owned Brightstar Gold Project, near Laverton in Western Australia.
The ore reserves are based on the latest released Mineral Resource estimates for the Brightstar Gold Project (1.7Moz) which includes the new Delta discovery.
The current reserves represent a 20% conversion of the total measured and indicated resources and are inclusive of reserves.
A1 Minerals’ strategy is to selectively mine higher grade gold ore from a large inventory of deposits through a multiple open-pit operation.
A higher conversion rate is planned to come from further resource development.