LIONSGOLD Limited expected that an economic feasibility study for the Jonnagiri Gold Project would be complete by the end of June. Gold production in India has dwindled in recent times. Kolar Gold Limited . This is because, Indian gold mines (Kolar Gold Mines or KGF and Hutti gold mines, both government owned) seldom produced over 3.5 tonnes a year. 28 October 2013 . Gold mining may become a reality in AP. Jonnagiri, which has a JORC-compliant resource of 361,000 ounces, has the potential to be India’s first privately owned gold producing mine. In the case of Jonnagiri… Gold mineralization in the Jonnagiri project is hosted within sheared granodiorites/granites and to a lesser extent … of Andhra Pradesh covering an area of 597.82 hectares (about 6 sq km). of Andhra Pradesh covering an area of 597.82 hectares (about 6 sq km). No gold mining was carried out after Independence. Gold mineralization in the Jonnagiri project is hosted within sheared granodiorites/granites and to a lesser extent in the volcanic rocks which cover an area of 1.25 sq km. The Jonnagiri gold project is located in the Ananthapur district of Andhra Pradesh. The initial production output of the Jonnagiri facility is 750 kg of gold per annum with plans to increase it to one tonne annually in the future. Hence in Jonnagiri gold deposit also reducing gold bearing fluids of mantle origin might have travelled through crustal scale shear zone (Fig. Jonnagiri Mining Lease Granted . Movies. The mine infrastructure include paved road up to the project site, rail line in the vicinity and access to power. Jonnagiri Gold Mine Feasibility Study Summary The Jonnagiri Feasibility Study is NI 43-101 compliant and the Feasibility Study used a domestic market gold price being the three year average of Indian Bullion Jewellers Association ("IBJA") Price, INR2,806 per gram (equivalent of USD$1,301/oz based on USD$1 = INR67.08). jonnagiri gold project The flagship project of GMSI – Jonnagiri Gold Project, includes a granted Mining Lease (ML) and a NI 43-101 compliant Feasibility Study. Business. The ΣREE values of Jonnagiri QCVs are < 100 ppm though they could be of mantle origin. A Mining Lease was granted by the State Govt. ... No gold mining … 1a). Kolar Gold Limited (AIM: KGLD, referred to as "KGL", "Kolar Gold" or the "Company") is pleased to announce that the Jonnagiri Mining Lease has been granted by the Andhra Pradesh Government to the Company"s partner Geomysore Services India Private Limited ("GMSI"). Sports. 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