Highlights: ? Gravity Circuit in position at Treatment Plant ? 180,000 tonnes per annum capacity A1 Consolidated Gold Limited (ASX:AYC) is pleased to announce that the Mobile Gravity Circuit has been installed at Octagonal Resources Limited’s (ASX:ORS) Maldon treatment plant. Figure 1: Gravity Circuit installed at Maldon treatment plant A1 Consolidated Gold Ltd ABN 50 149 308 921 ASX:AYC Investment Highlights: Advanced project on granted mining lease – fully operational mine site including underground development & infrastructure Mineral Resources in accordance with the JORC Code (2004) Indicated – 250,000 t @ 5.1 g/t for 41,200 oz Au Inferred – 1,170,000t @ 6.4 g/t for 240,000 oz Au Developing decline at approx 100 metres per month Board of Directors: Chairman Ashok Parekh Managing Director Dennis Clark Technical Director Darren Croucher Executive Director Glenn Wardle Non-Executive Directors Morrie Goodz Jeff Williams Joint Company Secretary EmmaWalczak Dennis Wilkins Capital Structure: 138,208,921 ordinary shares 28,666,667 unlisted options Contact: EmmaWalczak Dennis Wilkins Tel: +61 8 9389 2111 [email protected] A1 Consolidated Gold Limited ASX Release – 19th April 2013 Page 2 of 4 A1 Consolidated Gold Ltd (ASX:AYC) is pleased to announce that following metallurgical testwork with Gekko Systems, it commenced sourcing of components and has constructed a mobile gravity circuit. The gravity circuit has now been installed at Octagonal Resources Limited’s (ASX:ORS) Porcupine Flat treatment plant at Maldon in central Victoria. Photographs of the gravity circuit and a basic flow chart are provided as Figures 1, 2 & 3 Figure 2: Gravity Circuit leaving the engineering workshop Managing Directors Comment Dennis Clark, “Since listing on the ASX in June 2012, the Company has been focussed on becoming a producer from our 100% owned A1 Gold Mine in north-eastern Victoria.” “The underground decline development is on time and on budget to reach the 1400 Stockwork Zone in June 2013. Production mining rates will increase with access to this bulk mineable resource.” “The Company recently announced that a high grade reef is being mined in the 1650 South Stope and this marks our first production area.” A1
ORS Price at posting:
10.7¢ Sentiment: LT Buy Disclosure: Held
