News: Regis pours first gold at Garden Well

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Regis Resources Limited (ASX:RRL) has poured first gold and completed its first shipment from the Garden Well Gold Mine at its wholly owned Duketon Gold Project in Western Australia.

 

The gold producer and explorer says the announcement is a significant milestone as the project transitions to full operations. 

 

Managing Director Mark Clark says the early throughput rates achieved by the processing plant are encouraging and indicate long term rates well above design throughput of 4 million tonnes per annum should be achievable. 

 

Mr Clark says Regis will now be working on optimising the plant over the next two weeks and getting the project to steady state gold production. 

 

Regis Resources reported a net profit of $38.2 million in the first half of the 2012 financial year.