Classic’s Kat Gap gold plant secures gravity efficiency endorsement
With gold production at its Kat Gap project due to begin imminently, Classic can enter the producing ranks secure in the knowledge that its processing plant is fit for purpose.
This follows the engagement of Independent Metallurgical Operations (IMO) by the company to evaluate the processing plant.
With an understanding towards Classic Minerals’ (ASX:CLZ) objective of expediting gold bar production while minimising costs, IMO consulting metallurgist Grant Harding concluded that the Kat Gap process plant milling, and gravity circuit configuration is ideally suited to maximise the recovery of gravity recoverable gold.
Highlighting this, the performance of the pilot plant was consistent with the results of earlier bench scale metallurgical tests, reporting 5% mass recovery and gravity gold recoveries between 65% and 75% without the use of any chemical reagents.
“The Board’s decision to proceed with the Gekko and gravity circuit has today been vindicated by IMO’s assessment. I can feel the plant coming to life very shortly,” chief executive officer Dean Goodwin said.
Classic’s Kat Gap gold project currently has an Indicated Resource of 20,488oz and an Inferred Resource of 60,139oz.
The state-of-the-art Gekko processing plant, which facilitates in-house control over ore processing and gold production, is expected to have the capacity to process up to 100,000t of ore per annum while operating costs are expected to be low due to the low base metal content of Kat Gap ore, which results in a very low reagent consumption.
While operations are currently focused on achieving first gold pour, the company also plans to undertake detailed staged mine planning activities, paying particular attention to the Indicated Resource for initial stage one trial mine extraction, which will provide a strong foundation for future mining operations at the deposit.
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.