First gold pour approaches for Classic Minerals
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The Gekko processing plant is now being transported to Classic Mineral’s (ASX:CLZ) Kat Gap project ahead of first gold pour by the end of August.
Classic is moving toward production at ‘Kat Gap’, part of the 403,000oz Forrestania gold project in WA.
Following successful commissioning, the modular plant – designed to be compact and easy to build, operate and maintain — is now being transported to Kat Gap.
Gekko has a 30 tonne per hour (tph) capacity but can be scaled to a processing capacity of 250 tph.
“The Gekko plant has many features that make it amenable for the Kat Gap Gold mining operations and we believe that taking a modular approach to the plant is more cost efficient,” Classic chairman John Lester says.
“The Classic Minerals team remains on track and continues to deliver on its promise to shareholders to meet key milestones in advancing the planned development of its 100% owned flagship Kat Gap Gold Project which lies 170km south of Southern Cross.”
The company is aiming for first gold pour through the Gekko processing plant by the end of August.
The final program of deeper ‘infill’ drilling prior to first production – to help design the final pit — was recently completed.
Assay results are expected mid-June 2021. Classic intends to embark on additional ‘step-out’ exploration programs in the coming months.
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.