59 days until production, page-9

Here are 5 of the cheapest emerging gold and silver producers on the ASX*


Market Cap: $7m

Production: N/A

Construction is ongoing at CLZ’s 92,800oz Kat Gap mine in WA, with first production pencilled in for the current quarter.

A bulk sample stockpile (6500 tonnes at 6g per tonne) is ready to be processed once the plant has been assembled.

It comes hot on the heels of a $20.1m institutional funding package to fast-track phase-1 development as well as extensional drilling across the wider project area, which is already coming up with the goods.

In January, the company announced a bunch of high-grade gold hits beneath the existing resource at Kat Gap, including 10m @ 9.26g/t Au from 57m