Calidus Resources Limited (ASX: CAI)
Announced its first gold pour from the Carbon in Leach (CIL) Circuit, marking the successful completion of commissioning of the full processing circuit at the Warrawoona Gold Project in WA. A total of 33kg of gold was poured.
The occasion has been celebrated by the commissioning of a 24 carat gold commemorative coin. […]
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| Calidus Resources | ASX: CAI |
| Stage | Production, exploration |
| Metals | Gold, lithium |
| Market Cap | A$358 m @ A$0.89 |
| Location | Pilbara, Western Australia |
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Calidus Resources – Commissioning of Process Plant Successfully Completed,
Warrawoona Gold Project ramping up to nameplate production
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Calidus Resources Limited (ASX:CAI) is pleased to announce its first gold pour from the
Carbon in Leach (CIL) Circuit, marking the successful completion of commissioning of
the full processing circuit at the Warrawoona Gold Project in WA. A total of 33kg of gold
was poured.
The processing plant is fully operational and has achieved milling rates of 2.2M tpa with
the full ramp up to 2.4M tpa expected to be completed this quarter.
Calidus Resources management comments
“Commissioning of our processing plant was highly successful and is a tribute to the skills of our team. We are increasing throughput and gold output with the aim of reaching full production rates this quarter.
“We wish to thank all Calidus personnel, who, with our key contractors GR Engineering Services Limited (ASX:GNG), Machmon Holdings Limited (ASX:MAH) and Assetlink
Services Limited, have allowed us to deliver the Warrawoona Gold Project, on time and on budget.
“Over the remainder of the quarter, we will focus on our operational ramp up and other site activities including our active exploration programmes that have taken
place during the course of development.”
Calidus Managing Director Dave Reeves
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To read the full news release, please click HERE
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Calidus Resources commemorative coin
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To view the commemorative coin offer, please click HERE
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If you need clarification of any information contained in this note, or have any questions about Calidus Resources, I will be delighted to assist – Please email andrew@city-investors-circle.com
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Disclosure
At the time of writing the author owns shares in Calidus Resources, bought in the market at the prevailing price on the days of purchase.
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