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Quarterly Activities Report - 1 July to 30 September 2011 - Discovery ...

Quarterly Activities Report - 1 July to 30 September 2011 - Discovery ...

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Liebherr 9350 loading a Caterpillar 777D 100 <strong>to</strong>nne truck.<br />

3. Zeta Underground Definitive Feasibility Study (DFS)<br />

The DFS for underground mining of the Zeta Mineral Resource is on track and scheduled for completion in<br />

late <strong>2011</strong> with the results expected <strong>to</strong> be released <strong>to</strong> the ASX in early 2012. Independent consultant Mining<br />

Plus Pty Ltd (Mining Plus) is assisting with the completion of the DFS.<br />

Snowden Mining Industry Consultants (Snowden) completed an upgrade of the Mineral Resources for the<br />

Zeta Deposit incorporating 54 new infill holes drilled earlier this year. The Mineral Resources at Zeta<br />

increased by 9 million <strong>to</strong>nnes (25%) <strong>to</strong> 44.1 million <strong>to</strong>nnes and this resource model will form the basis of the<br />

Zeta underground DFS. Please refer <strong>to</strong> the updated Mineral Resource and Ore Reserves statement on the<br />

second last page of this report.<br />

During the quarter, Mining Plus evaluated several mine access options and geotechnical work progressed<br />

with recommendations made for a ground support regime for haulage development and production areas. A<br />

s<strong>to</strong>pe design exercise commenced <strong>to</strong>gether with mine sequencing and production scheduling. A<br />

metallurgical test work programme on samples of Zeta underground material confirmed the similarity of the<br />

Zeta underground ore with Zeta open pit material.<br />

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