The project in Western Australia's Goldfields is a joint venture between Orminex and underground mining contractor GBF, which manages the mine under a minerals venture model.
GBF has progressed the decline 1000m to a depth of 100m from the surface, and Orminex told the market the contractor was focused on advancing the decline toward some historically higher grade and largely unmined targets.
On-site at Comet Vale, mining is continuing 24 hours a day with a low profile production fleet operational.
Ore is being stockpiled on the run-of-mine pad for shipment to Burbank's Mill for processing.
Orminex executive chairman Daryl Henthorn said with mine development already advanced to the 3rd level and on target with the mine plan, it demonstrated the mineral venture mod...
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