Document - Kangaroo Flat Gold Mine Collection: Bendigo Project Update ASX announcement, Bendigo Mining NL, 5 August 2005

Historical information

New Bendigo Gold Project
The Bendigo goldfield is centred on the urban area of Bendigo (population approximately 60 000) in central Victoria, 130 km north west of Melbourne, Australia. Gold was discovered at Bendigo in 1851 and production continued through to 1954. The Bendigo goldfield is the second largest goldfield in total gold produced in Australia, after Kalgoorlie's Golden Mile with a total production of 22 million oz. The geology of the Bendigo Field consists of a series of tightly folded, interbedded sandstone and shale sediments. Within the sediments the gold mineralisation is hosted in quartz reefs or ribbons closely associated with anticline axes and reverse faulting. The gold within the quartz reefs is typically both coarse grained and erratically distributed. Source: https://www.ausimm.com/publications/conference-proceedings/eighth-underground-operators-conference-2002/new-bendigo-gold-project/

Physical description

Three page, double sided project update for the Bendigo project. On top of front page 'Bendigo Mining, 5 August 2005, ASX Announcement'. Content includes: summary of the project with the aim defined 'to deliver a south mine of 120,000 oz/y next year, increasing to 200,000 oz/y in 2011/12. At full capacity, after 2001/12, the project plan is to produce over 600,000 oz/y gold at cash operating costs of less than $200/0z utilising twin declines and plants'. Development strategy, funding, recent expenditures, key project details, production, processing, operating costs, development capital, maintenance capital are discussed in the project update.

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