MLN 1125 Annual Report for the period 5 January 2015 to 4 January 2016

Abstract

The McArthur River mine is one of the world's largest zinc, lead and silver mines, situated about 70 kilometres southwest of Borroloola, near the Gulf of Carpentaria in the Northern Territory. It is operated by McArthur River Mining (MRM), a subsidiary of the Swiss mining company Glencore. Although discovered in the 1950s, when it was originally named the HYC ('Here's Your Chance') deposit, mining operations did not commence until 1995. MLN 1125 is adjacent to MLN1124. Tenure for the lease was granted in 1993. MLN 1125 contains support infrastructure for the McArthur River Mine. Normal mining operations took place throughout the year with most of MLN 1125 being utilised for mining operations infrastructure and mine access routes. During the reporting period, no exploration work was undertaken on MLN 1125.