- Calidus Resources (CAI) on course to pour first gold from its Warrawoona gold mine in WA’s Pilbara region before the end of May, with project commissioning progressing well
- The company says a semi-autogenous grinding (SAG) mill is now ready for ore commissioning and milling is set to begin by the end of April
- If all goes according to plan, Calidus will produce its first Warrawoona gold two weeks after the start of ore milling
- Managing Director Dave Reeves says the company is confident it will meet its April milling timetable
- CAI shares up 0.52 per cent to 97.5 cents
Calidus Resources (CAI) is on track to pour first gold at its Warrawoona gold mine in WA’s Pilbara region before the end of May as project commissioning continues to progress well.
The company said a semi-autogenous grinding (SAG) mill was ready for ore commissioning and milling would commence by the end of April.
If all goes according to plan, Calidus will produce its first Warrawoona gold two weeks after the start of milling.
Managing Director Dave Reeves said the SAG mill was the largest and most complex piece of equipment for the Warrawoona project.
“We are confident of meeting our April milling timetable which will lead to first gold two weeks thereafter,” he said.
“Mining contractor McMahon Holdings has also ramped up activities, with the main mining fleet now in operation and 24-hour mining on schedule for later this week, ready to supply constant ore flow to the plant.”
At the project so far, Calidus has commissioned a nine-megawatt thermal power station, a tails thickener and air services. Meanwhile, the company has recruited the operational workforce for the project and mobilised eight 100-tonne trucks to the mine site.
The company predicts that production will average 90,000 ounces per annum of gold per year during the first stage of Warrawoona operations, ramping up to 130,000 ounces per year during the second stage.
CAI shares were up 0.52 per cent to 97.5 cents at 3:23 pm AEST.