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Red October Data

Related News

  • AngloGold joins Saracen in Carosue Dam North gold search 2016-10-17
    Dual-listed gold miner Anglogold Ashanti could spend as much as A$25-million to gain a 70% interest in gold exploration tenements located west of its Sunrise Dam gold mine, in Western Australia. The Butcher Well and Lake Carey tenements form part of smaller rival Saracen Mineral Holdings’ Carosue Dam North project area and cover 339.5 km2.
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    Gold miner Saracen Mineral Holdings has reported a slight decline in gold production for the three months to September, compared with the previous quarter, with the miner on track to meet its full-year target of 280 000 oz. Saracen on Tuesday reported that gold production for the three months to September reached 61 470 oz, compared with the 63 192 oz produced in the June quarter.
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  • Saracen jumps on gold hits 2016-09-07
    Saracen a big mover due to exploration results

Nearby Location News

  • ASX: Devon Gold Mine Progress Update 2016-05-25
  • GME starts mining at Devon gold mine 2016-02-17
    Mining has started at the Devon gold mine, in the north-eastern goldfields of Western Australia, ASX-listed GME Resources announced on Wednesday. Mining is scheduled to extract about 63 000 t of ore at an average grade of 6 g/t over the next five months.
  • ASX: Mining Commences at Devon Gold Project 2016-02-16
  • ASX: Devon Gold Mine - Final Development Drill Results 2016-01-26
  • ASX: Devon Gold Mine - Production Results 2015-06-18

Red October News

  • ASX: Exploration Update 2016-09-06
  • ASX: Exploration Update - Karari & Red October 2015-05-24

Red October Information

  • Geology 2015-05-27
    The Red October deposit is situated within the Laverton Tectonic Zone. The majority of the gold mineralisation is hosted within a black shale unit on the contact between a pillow basalt footwall and an interlayered ultramafic and high magnesian basalt hanging wall. The black shale has been deformed by a NNE-SSW trending shear zone, known as the Red October Shear Zone.
  • Mining 2015-05-27
    Since underground development commenced in September 2011, Red October has been steadily building into a sustaining and focused underground operation. With a camp capacity of 128 rooms, Red October is a smaller sized operation focused on the core values of Saracen; Accountability, Communication, Delivery and Choosing a great Attitude. FY14 proved to be a great year for the mine, with over 60,000 ounces mined averaging 6.4g/t. A business plan of delivering FY15 physical targets, increasing the resource base and investing in our people.
  • General 2015-05-10
    Previous open cut mining by Sons of Gwalia at Red October in 1999, produced 539kt @ 6.5g/t reconciled grade, which reflects the high grade nature of this deposit. Since underground development commenced in September 2011, Red October has been steadily building into a sustaining and focused underground operation.

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