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Vector Resources kicks off gold ore haulage from Gwendolyn, Western Australia

Published: 16:40 14 May 2014 AEST

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Vector Resources (ASX: VEC) has revealed that ore haulage has commenced on the bulk sample campaign at its Gwendolyn Gold Project in Western Australia.

The run of mine ore pad has approximately 24,391 tonnes of ore ready for haulage, and haulage operations are anticipated to continue uninterrupted until current stocks and the remaining in-situ ore are mined.

Road train haulage operations commenced today with an anticipated ramp up to eight road trains by next week.

Hampton Mining & Civil Services will carry out this work on a continuous 24 hour cycle until the mine ROM stockpile is depleted.

Haulage will be carried out from the mine site to the nearby Greenfields mill toll processing facility.

Vector previously secured a $3 million debt facility to fund the bulk sample campaign.

Gwendolyn has a Reserve of 27,964 tonnes at 5.68 grams per tonne for 5,106 ounces of contained gold within a broader Indicated Resource of 1,460,000 tonnes at 1.74g/t, or 81,657 ounces of gold.

Past drilling results by Vector have included 11 metres at 49.48g/t gold from 10 metres, inclusive of 1 metre at 114.50 g/t and 1 metre at 339 g/t.

 

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