Stratoni Operation
Production of high quality Zn, Pb-Ag concentrates
Reserves (Proven + Probable): 0.3Mt Pb + Zn, 10.0Moz Ag
Stratoni mine lies approximately 4km from the coastal town of Stratoni in northern Greece. The mine has well-defined mineral reserves and the Company believes it has exciting exploration upside.
Project Highlights
- 20 Mt ore mine historically – graded 16-22% Lead + Zinc, 200g/t Silver
- Underground production resumed in Q4 ’05
- Production now averaging 950tpd
- Filter presses installed to fully utilise available tailings storage capacity
- Ongoing drilling to expand reserve
- Major mine infrastructure complete with new upper and lower accesses
Reserves & Resources
| Reserves | '000t | Ag | Ag | Pb | Pb | Zn | Zn |
| Proven | 1,657 | 174 | 9.3 | 6.1 | 101 | 8.5 | 141 |
| Probable | 103 | 225 | 0.7 | 8.7 | 9 | 9.3 | 10 |
| Total | 1,760 | 177 | 10.0 | 6.3 | 110 | 8.5 | 150 |
| Resources | | ||||||
| Measured | 1,694 | 216 | 11.8 | 7.7 | 130 | 10.8 | 184 |
| Indicated | 122 | 236 | 0.9 | 9.1 | 11 | 10.4 | 13 |
| Total | 1,816 | 217 | 12.7 | 7.8 | 141 | 10.8 | 196 |
| Inferred | 671 | 217 | 4.7 | 7.8 | 52 | 10.8 | 72 |
Geology & 3D Orebody
Geology |
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3D Orebody |
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Responsible Development
- Filterpress technology reducing land take
- Coarse underground backfill
- New upper and lower declines significantly improve access and ventilation
- Enhanced processing circuit will improve quality of lead concentrate
- New water treatment plant
- Comprehensive environmental monitoring
- New paving, street lighting & town square
- An example for the future development of Skouries & Olympias
- Excellent community liaison developed
Cash Cost Breakdown. Ave Cost Q2 '10=€/t 110
