Barra Resources Limited (ASX:BAR) has submitted a mining proposal for an open pit development at Burbanks North project in Western Australia.
The move follows the completion of its first joint venture drilling programme with partner FMR Investments Pty Ltd (FMR), at its Burbanks Gold Project, 9km south of Coolgardie
Barra’s Managing Director and CEO, Sean Gregory, said the results of the 33 hole, 1940m drilling campaign confirm the continuity of the mineral resources at both deposits at Burbanks.
He said it is now up to funding JV Partner, FMR, to feed the results into their mining and milling plans and consider their decision to mine.
These drilling results provide the necessary confidence of resource continuity at Burbanks,” Mr Gregory said.
“Subject to FMR’s decision to mine, we are excited at the prospect of seeing the initial mining profits fund deep drilling to finally uncover Burbanks’ true potential.”
The drilling programme, fully funded by FMR, targeted the Burbanks North and Main Lode deposits with the aim of increasing confidence in key areas targeted for potential mining and to collect bulk samples for metallurgical test work.
At Burbanks North, 15 shallow AC holes (319m) targeted both the eastern and western lodes with three holes drilled into the western lode to collect bulk samples for metallurgical test work with the other 12 holes designed to infill and define the north-south extent of the lode prior to open-pit design work.
Eighteen infill RC holes (1621m) at Main Lode specifically targeted areas identified in the 2019 Scoping Study for potential underground stoping.