Finding new life for old mine

TOP END Minerals has appointed CSA Global to conduct a due diligence study on the historic Bawdwin zinc-lead-silver-copper mine near the town of Namtu in Shan State, Myanmar.
Finding new life for old mine Finding new life for old mine Finding new life for old mine Finding new life for old mine Finding new life for old mine

Staff Reporter

Top End said the study would be led by geologist Dr Neal Reynolds who had in-country experience, working with Myanmar-based consulting company Valentis.
The company added that the study would involve the pending release of a JORC resource for open-pittable material, a scoping study on the viability of an open pit mine and a preliminary assessment of underground potential.
The company said its $3 million capital raising was "progressing well" and it expected to finalise it by August 21 and resume trading on the ASX as Myanmar Metals.
In May, Top End announced the appointment of John Lamb as a senior adviser and technical consultant to advance the Bawdwin project.
The Bawdwin mine was reputedly the richest mine in the British Empire in the 1920s and 1930s, when annual production reached about 0.5 million tonnes per annum of high-grade silver, lead, and zinc-rich ore with additional production of copper, cobalt and nickel.
Mining of silver at Bawdwin dates back at least to the 15th Century and total historical production has been estimated around 10 million ounces of silver.