Projects

Placer Mining


 

GEGL subsidary Glass Earth Mining actively mines for placer ("alluvial") gold across GEGL's large permit holding in the Otago region (where over 8M ounces of gold(1) has been mined historically since the first gold rush in 1861).

The mining enables cash to be generated from ground that was already being held for hard-rock exploration (where we are looking for targets similar to the nearby Macraes Mine, a mesothermal shear-hosted deposit owned by OceanaGold).

An NI 43-101 Technical Report has been compiled on the project and is available from Sedar, or the Technical Reports section.


Defining the size of the pot of gold.
(Placer/Alluvial Resource definition drilling
with GEGL's drill rig.)
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(Separating gold from mining
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(Gold grains from Drybread pitting
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Gold Recovery Process




GEGL Mining Equipment 

 

Gold Recovery Units 

(GRU's)GRU #1, GRU #2, GRU#3: 
processing at between 50m³ - 70m³/hr depending on composition of the material; jigs or riffles recovery;


GRU#1 when leased out
to L&M at Earnscleugh
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GRU#2 at McAdies
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GRU#3 on site at Drybread
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Excavators

6 x ranging in size from 20-33 tonnes;


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Dump Trucks:

2 x 25 tonne articulated


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Dozer:

1 x D 85


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Ancillary pumps, generators, testing gear, & workshops etc.


Mr Simon Henderson, MSc Geology (CODES), an AusIMM Chartered Professional under the Discipline of Geology; is a Qualified Person as defined by National Instrument 43-101 and an employee of the Company, has reviewed and approved the technical information given above.


1) Historic Otago gold production figure sourced from http://gogold.co.nz/nz-gold-history on the 11th February 2013.