Kingsgate Consolidated Ltd (ASX: KCN) has received final approvals to access all mining areas at the Chatree Gold Mine operated by Akara Mining, the wholly owned subsidiary of Kingsgate. Akara’s initial focus as required by the Highways Department will be to address a wall failure and stress cracks that were accentuated by the early onset…
Tag Archive: kingsgate consolidated
Large New Gold Project Area Identified near Chatree
A new 20 square kilometer gold mineralised project area, called Suwan, has been identified 6-10km north of Chatree in central Thailand, beneath shallow cover. This mineralisation, if proved to be economic, has the potential to provide future ore feed for the Chatree gold mine as satellite open pits. The Suwan prospect covers an area 4km…