Ivanhoe Australia's (IVA-T, IVA-A) acquisition in September 2010 of the Osborne copper-gold processing complex in northwestern Queensland will help transform the company into a significant base metal producer, and much of its mill feed is likely to come from its flagship Mount Elliot copper-gold project 70 km north, a scoping study has found.Osborne resumed production of copper and gold concentrate in late February.Mount Elliot, which the company believes is one of the largest copper-gold mineralized systems ever discovered in Australia, is a large-scale system that is made up of the previously operated Mount Elliot underground mine and the South West Anomaly (SWAN), South West Elliott and Cor-bould zones.
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