SMEDG - PREVIOUS MEETING

DATE: Thursday 27th April 2000 - 5.30pm for 6pm

VENUE: 1st Floor, Rugby Club, Rugby (Crane) Place, Sydney

SPEAKER: Michael Diemar - Kingsgate Consolidated N.L.

TOPIC: "Chatree Gold Deposit; Thailand"

The talk on Kingsgate’s Chatree gold project in Thailand will trace the exploration history of the project from grassroots reconnaissance programs commencing in 1987 to the discovery and definition period and to its current status of final feasibility. The discovery and definition of the deposits resulted from the efforts of a small and dedicated team over a long period of time backed by shareholders with unreasonable faith. Total official resources to date are 14.6 million tonnes at 2.7 g/t Au and 12 g/t Ag for 1.2 million ounces of gold. The project will be constructed this year with production commencing in 2001 at about 140,000 ounces of gold per year. Gold occurs in an adularia-sericite epithermal system within quartz-calcite adularia veins, breccias and stockworks in a host intermediate volcanic arc sequence of Triassic age.
Mike has been an exploration geologist for over 30 years with experience initially in coal then hard rock with BHP in Australia. From the mid 70’s he concentrated on gold exploration and since the mid 80’s with small companies progressing to his current position of Managing Director. In this capacity he has guided and in many cases carried out the work and the development of the company to bring it to its current position of successful junior explorer and developer with particular expertise in South East Asia.

Extended Paper by Mike Diemar

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