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Showing posts with the label Inferred Mineral-Resource

Misery pipe remains open at depth

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  First production of undergrounds in 2029   By providing MRE update, Burgundy Diamond Mines updated the Life of Mine (LOM) plan has been updated based on the MRE update for Misery underground, and the Mineral Resource and Ore Reserve Estimate updates for Fox underground.    Key components of the LOM plan include the following; 1: Misery Underground – Currently in operation and planned for mining until Q4 2027. 6% of the Misery tonnage in the plan is classified as indicated, 68% of the Misery tonnage in the plan is classified as inferred, while a further 26% lacks the necessary geological information to be assigned a resource classification. The pipe remains open at depth.    2: Fox Stockpile – Low-grade ore from historic open pit mining of Fox pit, which was completed in 2014. The stockpile will be blended with Misery production until Q4 2028. The stockpile has been blended in the processing feed intermittently in 2024 and H1 2025. The stockpile is classi...