Source: Classic Minerals
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Classic Minerals (CLZ) has fully assembled and commissioned the Gekko Gold Processing Plant at its testing site in Gnangara, Western Australia
  • Small parcels of ore have been processed, and test operations have been successfully conducted
  • With assessments and commissioning by JT Metallurgical Services now complete, the plant will be moved to Kat Gap
  • Classic Minerals says it remains on track to achieve the first gold recovery through the Gekko processing plant by the end of August 2021
  • Company shares last traded at 0.1 cents on May 11

Classic Minerals (CLZ) has fully assembled and commissioned the Gekko Gold Processing Plant at its testing site in Gnangara, Western Australia.

The plant has a 30-tonne-per-hour (tph) capacity and is scalable to a Gekko Python size plant, with a processing capacity of 250tph.

Small parcels of ore have been processed and test operations have been successfully conducted. With assessments and commissioning now complete, the plant will be moved to Kat Gap.

Once necessary approvals have been granted, the company will look to begin mining operations immediately.

The testing was supported by JT Metallurgical Services (JTMS), which undertook the testing and commissioning and provided support and guidance. JTMS will continue to manage the ore processing at Kat Gap.

Classic Minerals says this marks another milestone as it continues to advance the planned development of its wholly owned flagship Kat Gap Gold Project, 170 kilometres south of Southern Cross.

“We remain on track to construct and mine at full capacity by the end of July 2021 and we look forward to updating shareholders as additional milestones are reached,” said Classic Minerals Chairman John Lester.

Classic Minerals says it remains on track to achieve the first gold recovery through the Gekko processing plant by the end of August 2021.

Company shares last traded at 0.1 cents on May 11.

CLZ by the numbers
More From The Market Online

Patagonia grows portfolio of REE and lithium-focused territory with exploration grants

Patagonia Lithium Ltd has been granted an additional 15 exploration licences in Argentina where it is…

The curious tale of Poseidon Nickel’s restart of works at Lake Johnston

Poseidon Nickel – now a penny-stock – has announced it's restarted exploration at Lake Johnston a…

Tambourah gets state govt grant for drilling at namesake gold project in WA

Tambourah Metals Ltd is set to prioritise diamond drilling at flagship gold project in WA after…

Vulcan smashes through $5/sh resistance level as final funding stage live

Vulcan Energy Resources has been on a comeback story YTD in 2024. It's now at the…