Tropicana gold find could be even bigger

AngloGold Ashanti's massive Tropicana gold discovery in Western Australia could be
even larger than first thought, the Johannesburg-based miner says.
Possible extensions to both open pit and potential underground mineralisation have
been identified during recent drilling at the project, 330km east northeast of
Kalgoorlie, the company says.
A feasibility study based on the 5.01 million ounce Tropicana-Havana open pit
resource is under way and is expected to be completed during the second half of this
year.
"Clearly we need to do more drilling to fully understand the implications of these
results," AngloGold Ashanti senior vice president Australia Michael Erickson said in
a statement on Wednesday.
"It is positive to find further evidence that the mineralisation extends beyond the
Boston Shaker Shear and remains open."
The deposit is widely accepted as among Australia's most significant gold
discoveries of the past decade.
Development is expected to take about two years and commissioning is slated to begin
in the first quarter of 2013.
Shares in AngloGold Ashanti closed 14 cents, 1.72 per cent, higher at $8.30 on
Wednesday.