| Kirkalocka Gold Mine | |
|---|---|
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Kirkalocka Gold Mine
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| Location | Mount Magnet |
| State | Western Australia |
| Country | Australia |
| Owner | |
| Company | Mount Magnet South NL |
| Website | Mount Magnet South website |
| Year of acquisition | Project: 2008 Plant: 2009 |
| ASX | MUM |
| Production | |
| Financial year | 2009-10 |
| Ounces of Gold | inactive |
| History | |
| Opened | 2002 |
| Closed | Mining: 2005 Milling: 2008 |
The Kirkalocka Gold Mine is a gold mine located 70 km south of Mount Magnet, Western Australia. The mine is owned by Mount Magnet South NL, who purchased it from Equigold Limited in April 2008, and is currently in care and maintenance.[1][2]
It is named after the near-by Kirkalocka sheep station.
Contents |
Mount Magnet is one of the Murchison region’s original gold mining towns, having recorded the first gold finds in 1891.[3]
Exploration at Kirkalocka was carried out by a number of companies, including Sons of Gwalia, before Equigold Limited acquired the area in 2001.[2][4]
Equigold, after constructing a plant, commenced mining in October 2002. Over the next three years, the company extracted 294,000 ounces of gold from the deposit, at a grade of 1.62 g/t. Equigold continued milling operations after finishing the mining, with the mine being placed in care and maintenance in August 2008, after having produced in excess of 300,000 ounces.[2]
Equigold Limited sold its mining rights in the area to Mount Magnet South NL in April 2008 and was itself merged into Lihir Gold in June 2008.[5] The Kirkalocka plant however was not part of this sale. It was acquired by Mount Magnet South in a separate sale in March 2009.[6]
Production of the mine:
| Year 2 | Production | Grade | Cost per ounce |
| 2002-03 | |||
| 2003-04 | |||
| 2004-05 | |||
| 2005-06 [7] | 47,638 ounces | 1.39 g/t | A$ 384 |
| 2006-07 [7] | 37,472 ounces | 1.07 g/t | A$ 432 |
| 2007-08 | |||
| 2008-09 | inactive | ||
| 2009-10 | inactive | ||
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