CLZ 0.00% 0.2¢ classic minerals ltd

Ann: Market Update, page-8

  1. 230 Posts.
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    Interesting Reading on the AuResources website.

    it Appears they have Seven Partners -- that includes Two Gold Miners --Classic and an Africa Miner - Prosperite Gold.

    https://hotcopper.com.au/data/attachments/6255/6255803-b189b675f46e93a832a970f3592bef50.jpg
    Now
    Classic it would seem --- is the main Gold Producer.
    and will be PRODUCING GOLD --
    Classic’s flagship Kat Gap Gold Project has been the focus of the majority of its recent exploration effort. To facilitate early gold mining and processing, the Company on July 20 announced that it has purchased a Gekko on-site processing plant. The Australian made Gekko processing system is a transportable modular design that is scalable and is perfectly suited to the Kat Gap mineralisation. Also, the company is in discussions to generate an early revenue stream by initial toll treatment of ore. Classic aims to have the capability to commence production as soon as the mining approvals and a clearing permit have been granted.


    Why have we NOT been told that the only reason Gold has not been produced is because they are waiting on Mining Permits????
 
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