Hillgrove poised to achieve initial Nugent copper-gold production this year

March 21, 2025 11:00 AM AEDT | By Team Kalkine Media

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Hillgrove poised to achieve initial Nugent copper-gold production this year — Image source: shutterstock

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Highlights:

Hillgrove Resources (ASX:HGO) expands copper-gold mineralisation at the Nugent deposit, reinforcing development prospects.

Recent drilling reports strong mineral intersections, supporting an increase in processing capacity.

Mining and processing rates at Kanmantoo are expected to rise, advancing production plans.

The copper sector continues to witness expansion efforts, with Hillgrove Resources advancing its Nugent deposit at the Kanmantoo mine in South Australia. The latest drilling program has reinforced the presence of copper-gold mineralisation, enhancing development initiatives aimed at increasing production rates.

Exploration Unveils Expanded Mineralisation
Recent drilling results at the Nugent deposit have revealed significant intersections, underscoring the project's growth. One of the key results includes a copper-gold interval encountered at depth, extending the known mineralised zone. The deepest recorded intersection in the deposit signals an opportunity for further resource expansion, aligning with the company’s broader development strategy.

Development Timeline and Processing Expansion
Operations at Kanmantoo recommenced with underground mining, and copper production followed. The development of the Nugent deposit is set to increase throughput capacity, with processing rates projected to grow. This aligns with the company’s plan to optimize its operations by diversifying ore sources while ensuring efficiency in production schedules.

Resource Grade and Project Enhancements
The drilling program has yielded copper and gold grades exceeding earlier resource estimates at Nugent. The geological team is continuing exploration efforts to refine the mineral resource base and support long-term mine planning. The company has allocated a dedicated budget for further drilling and development work, reinforcing its commitment to resource growth.

Commitment to Expansion and Operational Efficiency
Hillgrove Resources continues to focus on optimizing its mining and processing activities to enhance operational efficiencies. The company’s exploration strategy remains centered on expanding mineral resources while ensuring steady production output. These ongoing efforts position Kanmantoo as a key asset in the copper sector.

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