Second fortune grades down but Anova still upbeat

ANOVA Metals produced 1618 ounces of gold in two months of operations at its Second Fortune deposit in Western Australia’s northeastern Goldfields.

Second fortune grades down but Anova still upbeat Second fortune grades down but Anova still upbeat Second fortune grades down but Anova still upbeat Second fortune grades down but Anova still upbeat Second fortune grades down but Anova still upbeat

Second Fortune gold bar

Second Fortune is part of the greater Linden gold project.

The ore was processed at the nearby Burbanks mill.

The sourced ore came mainly from the level one and two development drives, and the stope on level one.

While preliminary reconciliation shows mill production is consistent with mill grade estimates, production is nonetheless still lower than forecast mine grades.

Anova blames this on the poor ground conditions on level one causing dilution issues, and the inclusion of some development ore that had not been sorted.

It also said total ounces were below forecast because some ores could not be recovered.

There were also some screening fines from dev...