South Australian developer Hillgrove Resources has engaged specialised contractors to commence early works including geotechnical remediation of the pit walls, haul road preparation and pit dewatering to start underground development of its 100%-owned Kanmantoo copper-gold project in the Adelaide Hills.
The $A25M capital development 55km SE of Adelaide is targeted at producing 43,500t Cu and 11,5000oz Au at AISC of $8,051/t Cu over its initial 45 months. First copper sales are on track for early 2024.
CEO-MD Lachlan Wallace says Hillgrove expects to finalise supply and service contracts and commence mobilisation within weeks.