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- Classic Minerals (CLZ) receives approval for a water pipeline pathway from the bore to the plant site at its Kat Gap project in Western Australia
- The company says under the water licence, it is permitted to take up to 100 million litres of water annually from this bore
- According to Classic, the approval is a major milestone for the company and a “vital ingredient” for its planned gold processing plant
- The company has begun constructing the pipeline, which, once complete, is scheduled to be commissioned within four weeks
- Shares in Classic Minerals are down 16.67 per cent and trading at one cent at 3:59 pm AEDT
Classic Minerals (CLZ) has received its approval for a water pipeline pathway from the bore to the plant site at its Kat Gap project in Western Australia.
The company said under the water licence, it was permitted to take up to 100 million litres of water annually from this bore
According to Classic, the approval is a major milestone for the company and a “vital ingredient” for its planned gold processing plant.
The water bore is located adjacent to the main haul road 1100 metres from the processing plant.
The company said this would make the pumping of the water to the processing plant relatively simple, with limited infrastructure required as the pipeline would be placed above ground.
The company has begun constructing the pipeline, which, once complete, is scheduled to be commissioned within four weeks.
Earlier this month, Classic was given the green light to start production at its project after it received ministerial approval to reassemble its Gekko processing plant.
The approval enables the installation and operation of a gold circuit, gold room, product sampling, dewatering and crushing, gravity and carbon-in-leach circuits, as well as a tailings storage facility, fuel systems, processing control systems and high voltage power.
Shares in Classic Minerals were down 16.67 per cent and trading at one cent at 3:59 pm AEDT.
