Specialist raise bore contractor, RUC Mining, successfully established the reamer head at the 1675 RL development drive and commenced back reaming mid-October
Back reaming of the ventilation raise has progressed safely and efficiently during the month
Ground conditions have been excellent to date which has enabled high productivity with back reaming more than double the planned October target
Potential for the ventilation raise to be completed well ahead of the end of March 2021 target based on current productivity
Capital development continues to progress opening additional mining levels at Savannah North
Commenting on the raise boring progress, Managing Director & CEO, Victor Rajasooriar said:
“It’s fantastic to see Panoramic site management and the RUC Mining team executing this critical and challenging project seamlessly and exceeding the targets set for October. We now look forward to continuing the progress through the coming months.
Completion of the ventilation shaft is a critical piece of work which will enable Savannah to be in a position where the Company can consider the resumption of mining and processing operations from mid-2021.”