Classic Minerals just got a crucial water bore clearance for its Kat Gap Gold Project
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Progress at Classic Minerals Kat Gap Gold Project is continuing as clearing for the site of the construction plant wraps up.
Classic Minerals has received the tick of approval from the Department of Water and Environment Regulation (DWER) to construct a well for the supply of water at the company’s Kat Gap Gold Project, 170km south of Southern Cross in Western Australia.
The approved area is only about a kilometre away from the facility with the development of the bore field to be completed in stages, including with one bore to be tested and water pumped to the tanks before commencing on a second one, if required.
Classic Minerals (ASX:CLZ) says it will now be able to manage and draw only the approved amount of water, as required by the processing plant, which is about 7km away from the mining area.
Works completed on the facility so far including clearing with the shed and water tanks erected.
CLZ managing director Dean Goodwin says this approval of the water bore provides the business with more confidence and certainty of achieving mining success in the near term.
“I’ve spent plenty of time in the Forrestania area looking and finding water for previous operators, so I’ve got a pretty good idea where to look,” he explains.
“It’s really starting to look like a mining operation – all we need to do now is drill and find water.
“Once we have done that, we will be able to run a pipe from the well to the tanks and fill them.”
This article was developed in collaboration with Classic Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.