Haranga Targets 286,000oz Gold Resource Upgrade with Underground Drilling
Haranga Resources has secured regulatory approvals and begun underground works at its Lincoln Gold Project, setting the stage for a maiden drilling campaign aimed at upgrading a significant historical gold resource to JORC standards.
- MSHA approves Haranga’s Alternative Mine Rescue Plan
- Dewatering of the String Bean Alley Decline underway to enable drilling access
- Historical NI 43-101 resource of 286,000oz gold targeted for JORC conversion
- High-grade gold intercepts confirmed during due diligence
- Drilling contractor engagement and site preparations well advanced
Regulatory Green Light and Underground Access
Haranga Resources Limited has reached a pivotal milestone at its Lincoln Gold Project in California, having secured approval from the federal Mines Safety and Health Administration (MSHA) for its Alternative Mine Rescue Plan. This regulatory clearance has enabled the company to commence underground works, including the critical dewatering of the nearly 900-metre-long String Bean Alley Decline. This decline, descending approximately 200 metres below surface, is the gateway to accessing the high-grade gold mineralisation historically reported at Lincoln.
Preparing for Maiden Drilling Campaign
With underground access now possible, Haranga is advancing site works and engaging drilling contractors in preparation for its inaugural underground diamond drilling program. The company aims to convert the historical gold resource, reported under Canadian NI 43-101 standards at 286,000 ounces grading 9.3 grams per tonne, into a mineral resource estimate compliant with the Australian JORC Code by year-end. Achieving this would mark a significant step in validating and potentially expanding the resource base, enhancing the project’s appeal to investors and partners.
Historical Context and High-Grade Potential
The Lincoln Gold Project sits within a prolific gold-producing region known as the Mother Lode, where over 3.4 million ounces of gold have historically been extracted. Haranga’s technical due diligence has confirmed exceptional high-grade intercepts, including a standout drill hole returning 3.7 metres at 108 grams per tonne gold, with individual samples reaching over 300 grams per tonne. These results underscore the potential for significant value in the project’s underground mineralisation.
Environmental and Operational Readiness
Alongside drilling preparations, Haranga is restoring and operating the water treatment plant located within the mine’s first crosscut. The plant has a strong track record of consistently meeting environmental discharge standards for pH, sulfate, and arsenic levels, ensuring compliance with permit conditions during dewatering. This operational readiness reflects the company’s commitment to responsible and safe mining practices as it advances exploration.
Broader Exploration Portfolio
While focused on Lincoln, Haranga continues to progress exploration at its Ibel South Gold Project in Senegal, where a maiden drill program was completed in July with results expected imminently. The company also maintains a significant uranium resource at its Saraya Project in Senegal, highlighting a diversified portfolio across gold and uranium commodities.
Bottom Line?
Haranga’s underground breakthrough at Lincoln sets the stage for a resource upgrade that could redefine the project’s value proposition.
Questions in the middle?
- When exactly will the maiden underground drilling commence and what are the expected timelines for assay results?
- How confident is Haranga that the historical NI 43-101 resource can be converted into a JORC-compliant resource?
- What are the potential operational or environmental risks associated with dewatering and underground access at Lincoln?
