Operations | Laneway Resources (2022)

Laneway’s 100% owned Agate Creek Gold Project is a large highly prospective epithermal system located approximately south of Forsayth and 60km west of Kidston in North Queensland. The project is comprised of ML100030, MDL402, EPM17788 and EPM26460. During the Quarter two additional Exploration Permits for Minerals were applied for and granted further demonstrating Laneway’s commitment to mining and exploration in the Georgetown Inlier. EPMA27906 covers 23 subblocks and 74.9km2 of area surrounding Forsayth and several historical and existing mining leases to extend the Agate Creek Gold Project. EPMA27907 covers 95 subblocks and 308.8km2 of area adjacent to the west of the Agate Creek Gold Project. The tenements were granted in August 2021 and bring Laneway’s total tenure holding for the Agate Creek Project to 1,024km2

Laneway’s primary focus in 2019 has been on progressing the Agate Creek gold project into production to establish cash flow from the mining and toll treatment of Sherwood’s high-grade surface material. This successful development and the profitable mining operation of ≈70,000 tonnes of ore has provided a robust financial footing for the company to continue the progression of its Agate Creek project and other assets and continue reviewing additional potential high growth projects.

On 1st March 2019 Laneway was granted Mining Lease 100030 over the near surface high grade gold mineralisation at the Sherwood and Sherwood West prospects. Through a Mining and Processing Agreement with Maroon Gold Pty Ltd (Maroon), mining operations commenced quickly at Agate Creek with the ore processed through Maroon’s wholly owned Black Jack CIL processing plant. By utilising an existing third-party processing plant Laneway was able to bring Agate Creek into production for minimal capital expenditure and on an expedited schedule, achieving the first gold pour within 10 weeks of the ML being granted.

The Agate Creek long term plan is a low strip ratio open cut mining operation with on-site processing. This is being progressed with further exploration on the Sherwood prospects and also regionally. The Company is currently investigating the potential to extend and cut back the current small open pit for further toll treatment production early in 2020.

(Video) 11. Operations processes__Transforming resources

Agate Creek Resource
A global recoverable Mineral Resource was estimated in 2016 for the Agate Creek Project in Table 1 - at a 0.5 g/t Au cut-off suitable for a large open pit operation. A continuous high-grade Mineral Resource can be interpreted at cut-off of 2 g/t Au for Sherwood and 1 g/t Au for Sherwood West also shown below (prior to inclusion of results from the recent drilling and mining extraction). A new resource estimation is currently underway with assay results from recent drilling still outstanding. The new Estimation will take into account both mine depletion and all additional drilling undertaken since 2016.

Operations | Laneway Resources (1)

The high-grade domain sub set for Sherwood was the primary material extracted as part of the tribute mining. During mining the ore blocks correlated well with the resource blocks. However, due to very selective mining techniques being utilised by the Laneway Geologists the overall grade of this zone appears to have reconciled higher than modelled, although final comparisons and reconciliations are still ongoing.

Geology and Mineralisation
Agate Creek is situated within the Etheridge Goldfield which historically produced over 3.7 million ounces of gold, along with minor amounts of silver, copper, lead and other minerals from placer and hard rock (mostly vein) sources. The most significant deposit in the Etheridge Goldfield is the Kidston deposit, located some 60km east of the Agate Creek Gold Project. Whilst in recent operation 1984-2000 Kidston produced in excess of 3 million ounces of gold.

(Video) Operations Resource Mix: Labour and Capital Intensive Processes

The main styles of gold mineralisation in the area are epithermal and meso thermal systems within quartz veining, stockworks and breccias associated with the felsic volcanic units of the Permian Kennedy Igneous Group and the Proterozoic Forsayth Batholith. Additionally, historical narrow-vein mining has taken place within the Forsayth area along or adjacent to the fault traces.

Gold mineralisation at Sherwood is a low-sulphidation, adularia-sericite type epithermal system genetically related to the emplacement of Permo-Carboniferous porphyritic rhyolite and andesite extrusives and intrusives. Most mineralisation occurs within the Robertson Fault Zone, at the intersection of the Robin Hood Fault. The mineralised zones are interpreted as boiling outflow zones, likely fossil geysers. The Agate Creek Fault forms the eastern boundary but mineralisation is open in all other directions.

Sherwood West
Sherwood West is located 1km to the west of Sherwood and is hosted within a brecciated rhyolite, infilling a thrust fault truncated in the north by the Zig Zag Fault. The Sherwood West Fault is infilled with Permian rhyolites which host gold mineralisation in chalcedonic quartz veining and breccias. At Sherwood West the known mineralised zone extends for over 1km along strike and remains open to the south and at depth. There is also the potential for parallel repetitions of the currently known mineralized zone.

Multi-element Geochemistry Analysis
Lanewayintends to utilise the significant historical pulp library stored on site by undertaking detailed litho-geo-chemical & alteration geochemical multi element analysis, along with alteration zonation deposit modelling. This information will then be incorporated into the existing geological models to generate more comprehensive 3D fluid pathway modelling with the aim of significantly expanding the current gold inventory of the project. This information should allow for more accurate targeting of main mineralized zones at depth within the Sherwood, Sherwood West and potentially also the Nottingham Prospects. Results from this analysis will assist with developing a larger drilling program, while also providing further geological insight into the overall mineralisation system of the region, with the aim of further constraining existing regional targets through alteration geochemistry and metal enrichment signatures, as well as to potentially identify other prospective exploration targets within the projectarea.

(Video) DOOM - Mission 2: Resource Operations 100% Walkthrough - ALL SECRETS/COLLECTIBLES & CHALLENGES

Operations | Laneway Resources (2)

Regional Targets
Complimenting Sherwood and Sherwood West are a number of high priority Regional Targets that have the potential to increase mine life at Agate Creek. Laneway intends to complete follow up exploration activities on the Regional Targets including;

Jedda Vein represents a priority Regional Target, as demonstrated by high grade rock chip samples (ASX release 3 November 2014) which returned results of 15.75g/t Au and 20g/t Ag.

Eastern Bar has been tested by 7 holes and continuation of the structure at depth is confirmed by elevated Ag, Pb and Zn results. It remains open at depth and along strike. Soil samples at Eastern Bar have highlighted a 1,000m x 500m geochemical soil anomaly with a 400m long potentially en-echelon zone to the south. Rock chips from the area included 52g/t Au with associated elevated Ag, Cu and Pb. Eastern Bar represents a drill ready target.


Previous drilling at Bald Mountain has revealed the potential for gold deposits within a diatreme breccia pipe, as well as vein style and breccia hosted gold. A historical drill hole (AOG6) to the north of Bald Mountain returned 2m @ 33g/t Au from 70m. As well as the drill ready Bald Mountain targetis the prospective Kimberley Sue area.

A drilling program commenced in September 2019 has included some of these high priority regional targets including Jedda. The exploration within Laneway’s large Exploration Tenement area at Agate Creek will be advanced with the objectives of confirming the potential for additional small tonnage high grade zoned deposits capable of being toll treated, along with the targeting of additional large tonnage targets to supplement the possible long term mining and processing of the lower grade Agate Creek Resources onsite.

Operations | Laneway Resources (3)

Operations | Laneway Resources (4)

(Video) 06 operations resources

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Explore what IT operations is and how it compares to application management. Learn what an IT operations manager does and how Sumo Logic drives IT operations efficiency with analytics and machine learning.

ITOps is one of the four defined functions in the ITIL best practices framework for IT service management, along with technical management, application management and the service desk.. IT operations is one of the four defined functions in the ITIL best practices framework for IT service management, along with technical management, application management, and the service desk.. IT operations managers are the process owners for the IT operations control process, the goal of which is to exercise and maintain control over IT services, and the connected, underlying infrastructure.. ITOps control is one of the core functions of IT service management, along with application management, technical management and the service desk.. While application management teams focus on the technical aspects of application management, IT operations focuses specifically on services and infrastructure (although there is some overlap, as both may be involved in application monitoring).. An ITOps team can consist of IT operators managed by an IT operations manager, or a cross-functional team of network and systems engineers, network security professionals and other job titles that work together to manage and maintain the IT infrastructure.. Infrastructure management includes oversight of hybrid cloud environments, applications deployed in the cloud, network security management, facilities management and hardware IT infrastructure components.

ManageEngine OpManager provides easy-to-use Network Monitoring Software that offers advanced Network & Server Performance Management. Download free trial now!

Packed with out-of-the-box capabilities for monitoring networks, servers, IP addresses, and switch ports, managing bandwidth and network configurations, analyzing firewall rules, logs & policies, tracking application usage & monitoring storage devices; OpManager Plus is an integrated solution that streamlines the process of IT operations management thereby eliminating the need for multiple monitoring tools.. With advanced IT operations monitoring & management capabilities, OpManager Plus, as a comprehensive IT operations management platform, offers 4 layers of visibility into an organization's IT operations - IT infrastructure security, IT infrastructure application performance, server and storage IT operations, network performance.. This multi-level visibility into IT operations helps IT admins identify and troubleshoot faults at various levels easily, thereby ensuring greater SLA compliance, proactive IT fault management, greater customer service and consistent IT infrastructure performance.. Monitor RAID & tape library systems; track configuration, capacity, and performance of fabric switches with SNIA based fabric switch management; plan IT storage with advanced storage forecasting.. Track infrastructure bandwidth consumption, analyze and optimize network traffic patterns, and manage IP addresses and switch ports.. Monitor and manage both physical and virtual server infrastructure (Xen, VMware, Hyper-v, Nutanix) devices with OpManager Plus' efficient enterprise server monitoring capabilities.. Leverage the power of integrated IT operations management for DCIM's infrastructure and server capabilities, ensuring maximum efficiency of individual devices and servers in your data centers.. Monitor and manage critical bandwidth metrics including router traffic, Cisco NBAR, CBQoS, site to site traffic, WLC traffic and leverage the insights to perform proactive bandwidth capacity planning.. Perform proactive IP address management by leveraging OpManager Plus's support for scanning, monitoring & management of all IPv4 & IPv6 subnets in the IT infrastructure.. Managing IT operations a complicated process that requires round the clock monitoring of critcal performance metrics, optimization of network bandwidth, proactive change and compliance tracking, end-to-end application performance management, and robust IP address management. Single console for managing performance, configuration, bandwidth, firewall, compliance, storage, applications, IP address, and switch ports eliminates the need to switch between multiple tools for enterprise IT operations management services.. 200+ built-in reports on various IT operations management parameters including health, availability, compliance, bandwidth, firewall rules, etc., for in-depth IT performance analysis.. ManageEngine's OpManager Plus is good choice for those looking to run server monitoring on-premises with a tool that can also handle bandwidth management and network configuration management.- Serverwatch, on OpManager Plus

Explore the different responsibilities and processes that fall under IT operations and learn why IT operations are important for your business. Also learn about the trends that are impacting current IT departments as well as vendors that provide IT operations management software.

Important roles of the IT operations team include tech management, quality assurance, infrastructure management and confirmation that finished products meet all the customer's needs and expectations.. IT operations management ( ITOM ) and IT operations analytics ( ITOA ) are both specific roles within IT operations.. Therefore, it is important that a company's IT operations focus on improving business requirements while maintaining the operational stability of the company.. The modernization of a company's IT operations can help a company reduce its operational costs while also increasing the agility and efficiency of their IT operations.. Some specific IT operations processes include incident management, problem management, access management, IT operations control, facilities management and technical management.. Problem management includes analyzing incident reports and using the data collected by other IT service management processes to detect any significant problems or trends.. The goal of IT operations control is to monitor and manage a company's IT services and their underlying infrastructure.. Some methods that are being used to improve IT operations processes include DevOps, Kanban and IT service management ( ITSM ) and IT Infrastructure Library ( ITIL ).

The career of an operations manager might be right for you if you enjoy working behind the scenes in business. Learn how to become an operations manager.

In the retail industry, for example, an operations manager would manage all activities related to daily retail floor functions as well as planning and strategizing.. In most businesses, operations managers oversee the big picture of their organization .. They are responsible for managing processes, purchasing, accounting, human resources, inventory, and IT.. Accounting and finances are another big part of an operations department.. An operations manager is responsible for reporting on how the business is functioning and whether the implemented processes and policies are working or need changes.. You will be responsible for analyzing processes and policies to ensure they are working for the organization.. Varies Operations managers can work just about anywhere.

Funds from operations, or FFO, refers to the figure used by real estate investment trusts (REITs) to define the cash flow from their operations.

FFO is calculated by adding depreciation , amortization , and losses on sales of assets to earnings and then subtracting any gains on sales of assets and any interest income.. Funds from Operations (FFO) Below is the formula for calculating funds from operations (FFO).. FFO = (Net Income + Depreciation + Amortization + Losses on Property Sales) - Gains on Sales of Property - Interest Income Below are the steps to calculate FFO:. Subtract any gains or revenue earned from the sale of property from the total figure of net income, depreciation, and amortization to obtain the funds from operations for the period.. FFO is a measure of the cash generated by a REIT; real estate companies use FFO as an operating performance benchmark.. For example, a typical company's cash flow would be influenced by the money earned from the sale of an asset, but FFO excludes those gains.. Gains on sales of property do not add to a REIT's taxable income and should therefore not be included in the measurement of value and performance.. Increasingly, real estate analysts are also calculating a REIT's adjusted funds from operations ( AFFO ).

Rangers’ President of Baseball Operations Jon Daniels recently joined The G-Bag Nation on 105.3 The Fan [KRLD-FM] to discuss the dismissal of manager Chris...

Q: One of my takeaways from your press conference was that you guys didn’t feel like Chris Woodward was getting the guys ready to play.. We saw some things in his work with the Dodgers, a very different type of roster/club than we have, things he believes in, and C-Y and I looked at it and felt like to get to where we wanna go, we needed to change it.. I think the ‘Why now?’ is because we feel like there’s still a lot to be gained this year.. But as far as improving going forward for next year, setting the groundwork and kind of changing the expectations, day-in day-out, we thought there was value in doing that now rather than waiting until next year.. He’ll take some of the young guys in and encourage them to do some of these things, find a routine that works for themselves.. Daniels: It wasn’t an apology, per se, but certainly a recognition that... You know, Woody came in, we were kind of in-between, we’d discussed internally rebuilding at that point, we hadn’t done it.. But there’s no doubt, we never started a season in Woody’s four years here with a roster that we felt was truly a top-level contending roster.. Wins and losses obviously always play some role, but the bigger element that we’re looking at with Tony is how the club responds to him and the rest of the staff — midstream, no spring training to implement things, we’re 114-whatever games into the season.. And that’s gonna come with asking a little bit more of them tightening some things up the day leading up to a game.. Might take a little time to put that in play, but that’s what we’re looking for in terms of building momentum toward next year.


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