Classic Minerals Limited (ASX: CLZ) announced that the main milestone to start production had been accomplished, with the grant of Ministerial approval for the installation as well as usage of the Gekko processing plant.
The approval of Company’s processing proposal by the Department of Industry, Mines, Regulation, and Safety, along with a lately approved mining approval Mine Closure Plan, Project Management Plan, and Native Vegetation Clearing Permit, lets CLZ to start full-scale mining and processing at its Kat Gap Gold Project.
This approval comprises installation and operations of a gold circuit, gold room, product sampling, dewatering, crushing circuit, Gekko gravity circuit, CIL circuit (to be confirmed), tailings storage facility, fuel systems, processing control systems, and high voltage power among others.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.