The latest report:The refurbishment of the Company?s 350,000...

The latest report:

The refurbishment of the Company?s 350,000 tonne per annum CIL plant is nearing completion with mechanical and electrical testing of individual areas having been completed. Significant recent milestones include:
 final testing / dry commissioning of ball mill completed,
 final testing of ore handling system (including conveyors) completed,
 agitators have been re-installed into the leach and adsorption tanks, along with new/reconditioned motors and gearboxes,
 smelting furnace, calcine furnace and carbon regeneration kiln delivered and installed,
 electrowinning cells delivered and being installed,
 gold room refurbishment nearing completion,
 Knelson gravity concentrator and shaking table arrived on site and installed into gravity tower reagents being delivered to site.

With first production imminent the Company is well placed to take advantage of the current spot gold price which should give substantially higher operating margins than those anticipated when the refurbishment started.