Fortune's 100% owned Sue-Dianne copper-silver-gold deposit contains a near-surface Mineral Resource that is amenable to low-cost, open pit mining with a low waste to ore strip ratio.The current indicated Mineral Resource contains 149.1 million pounds of copper, 855,000 ounces of silver and 19,000 ounces of gold and the current inferred Mineral Resource contains 28.3 Million pounds of copper, 122,000 ounces of silver and 3,600 ounces of gold. The deposit remains open for expansion to the east at depth. Sue-Dianne is located only 25 kilometres north of Fortune's NICO deposit and proposed mill and concentrator. Metallurgical tests carried out at SGS Lakefield indicate high recoveries can be achieved for copper, silver and gold from this deposit using simple flotation. A high value cathode copper product can also be produced by pressure acid leach and electro-winning in a similar plant to that which is proposed for NICO. Sue-Dianne, therefore, presents an excellent opportunity to supply incremental mill feed to extend the life of the NICO process plant.
Block model of the Sue-Dianne copper-silver-gold deposit (red) with drill holes and conceptual open pit.
Mineralized drill core from the Sue-Dianne deposit.