Classic Minerals Ltd (ASX:CLZ) Gold Processing Plant Successfully Commissioned
Gold Processing Plant Successfully CommissionedPerth, May 12, 2021 AEST (ABN Newswire) - Classic Minerals Limited (
ASX:CLZ) is pleased to announce the successfull assembly and commissioning of the 100% complete Gekko Gold Processing Plant, which has a 30 tonne per hour (tph) capacity and is scalable to a Gekko Python size plant with a processing capacity of 250 tph. The company will look to update shareholders as site mobilisation occurs.
Small parcels of ore were processed. Test operations were successfully conducted; with assessment and commissioning now complete this plant will now be moved to Kat Gap.
Classic Minerals Ltd (ASX:CLZ) Mining Lease Granted
Mining Lease GrantedPerth, May 4, 2021 AEST (ABN Newswire) - Classic Minerals Limited (
ASX:CLZ) is pleased to announce the Grant of Mining Lease M 74/249 by the Department of Mines, Industry Regulation and Safety for the Kat Gap Gold Project ( Project ).
The initial term of the Mining Lease is 21 years from 22 April 2021 to 22 April 2042 and the granting of the Mining Lease is a major milestone in the Company s progression from an exploration to mining company.
The Project lies 170km south of Southern Cross and has an initial JORC resource of 92,869 oz @ 2.96 g/t Au with a gravity and conventional cyanide leach process achieving 95-96% recovery from both fresh and oxide samples.
Classic Minerals Ltd (ASX:CLZ) Quarterly Activities and Cashflow Report
Quarterly Activities and Cashflow ReportPerth, April 30, 2021 AEST (ABN Newswire) - Classic Minerals (
ASX:CLZ) has made further progress at Kat Gap during the quarter as it strives to become a gold producer.
Highlights of the quarter include:
- Assay results returned for deeper RC drilling testing potential plunge of high-grade gold mineralisation at Kat Gap;
- Infill RC drilling results finally returned early in January;
- Advancing mining studies at Kat Gap, and
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No drilling activities were undertaken during the quarter by the Company.
Assay results were finally received for the large infill and deeper RC drilling programs conducted in the September and December 2020 quarters. These programs were focused on shallow infill drilling of the current inferred JORC resource plus deeper drilling of the potential down plunge of shallow high-grade gold mineralisation.
Classic Minerals Ltd (ASX:CLZ) Half Yearly Report and Accounts
Forrestania Gold Project and Kat Gap Gold Project
Half Yearly Report and AccountsPerth, Mar 2, 2021 AEST (ABN Newswire) - During the half year ended 31 December 2020, below are the activities conducted by Classic Minerals Ltd (
ASX:CLZ). The main thrust of exploration has been at Kat Gap with minimal work at the Tangerine Trees and Van Uden West gold projects within the Forrestania gold project. The Company completed a record breaking 128 RC holes for 10,565m across its tenement holding.
Classic continued its work at the 100% owned Kat Gap tenements about 70 km to the South East of the Lady Ada and Lady Magdalene gold resources. Drilling was mainly focused on infill work to 10m x 10m and 20m x 10m grid spacing in readiness for final open pit optimisation and financial analysis. Results for a portion of the infill program have been received however the majority remain pending. Drilling was also undertaken to
(MENAFN - ABN Newswire) WA-focused gold exploration and development company Classic Minerals Limited (ASX:CLZ) is pleased to announce that it has received all the outstanding assays results from its August - September and November - December RC drilling programs at its Forrestania Gold Project (FGP) in Western Australia have now been received. The Company completed a total of 99 holes for 8,704 metres at Kat Gap.
Drilling results from Kat Gap continued to deliver significant zones of high-grade gold mineralisation from infill and deeper drilling programs. The results in this announcement are concentrated 100-300m north of the cross-cutting Proterozoic dyke. The infill RC drilling was conducted on a 10m x 10m and 20m x 10m pattern. The down plunge deeper RC program was focussed on an area just north of the dyke.