Anax’s Managing Director, Geoff Laing, commented: “We are extremely pleased to take these first steps towards creating an expanded Pilbara copper business with our neighbours, GreenTech. We look forward to delivering scalable assets with near term “energy metals” production.”
GreenTech’s Executive Director, Tom Reddicliffe, commented: “This is a great opportunity for GreenTech that could see a formalised Alliance with Anax taking significant steps towards establishing near term mining operations at our Whundo Project. Our project already has defined open-pittable copper and zinc resources and potential to define additional near surface resource tonnes at both Yannery and Ayshia. The alliance could be the catalyst that the West Pilbara needs to become a significant copper producer and we look forward to working closely with Anax to make this a reality.”
The proposed Whim Creek Project (80% owned by Anax and 20% owned by Develop Global Ltd) will consist of a new 400,000 tonnes per annum concentrator, and a refurbished heap leach facility capable of treating oxide, transitional and supergene ore that is supported by robust project economics. 1, 2 & 3 By fully utilising its processing capacity, the Whim Creek hub could become a substantial West-Australian copper producer with a potential production profile of 20 to 30 ktpa copper equivalent and a mine-life greater than 10 years.
Whim Creek is located 115km southwest of Port Hedland in the West Pilbara region of Western Australia, and 100km northeast of GreenTech’s Whundo deposit. Whundo is located 40 km south of Karratha (Figure 1).
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