|
Classic Minerals Limited (ASX:CLZ) Update on Construction at Kat Gap
|
 WA-focused gold exploration and development company Classic Minerals Limited (ASX:CLZ) (FRA:2I7) (OTCMKTS:CSMRF) is pleased to report that construction activities are continuing at the Kat Gap processing facility.
Classic has achieved an estimated 80% completion of the construction of the Kat Gap Tailings Storage Facility (TSF).
Site construction is currently focused on surface earthworks including workshop and processing plant installation and TSF.
The stage 1 TSF is approved to hold up to 70,000 tonnes of tailings with capacity to increase holdings up to approximately 130,000 tonnes through a series of wall lifts.
At the current rate of progress, Classic estimates that all earthworks and supporting infrastructure of the TSF should be completed and ready for use in early May 2023 with commercial production expected immediately thereafter.
The Company looks forward to providing regular updates to investors as the construction and commissioning program progresses.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/NW68U8BQ
Classic Minerals Ltd
T: +61-8-6305-0221
E: contact@classicminerals.com.au
WWW: www.classicminerals.com.au
|
|