Additional pneumatic jack hammers have been ordered and are enroute to the mine site. These will
allow more targeted mining on an increased number of mining faces, thus providing additional high
grade gold material to the processing plant.
Skid steer loaders were ordered and are expected on site shortly. These will dramatically improve the
underground bogging operations and also increase the gold bearing tonnage being delivered to the
processing plant.
The HGZ mine has for some time been operating at a minimal capacity, however we are confident that
when the new and refurbished mining equipment is commissioned, allowing the processes as
mentioned above to be implemented, they will all have a considerable effect in increasing gold
production at the HGZ mine.
CGN Price at posting:
1.4¢ Sentiment: None Disclosure: Held
