Classic Minerals Ltd. has made significant progress at Kat Gap during the quarter as it strives to become a gold producer. Highlights of the quarter include: - Assay results returned for infill RC drilling testing the gap between oxide and deeper fresh rock high-grade gold mineralisation at Kat Gap. - Advancing engineering, mining and metallurgical [...]
WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to announce that it has received assays results from its deeper infill RC drilling program conducted in May 2021 at its Forrestania Gold Project in Western Australia. The Company completed a total of 29 holes for 2,588 metres at Kat Gap. Drilling results from Kat [...]
Classic Minerals Ltd. is pleased to announce it has achieved all required approvals for mining a bulk sample of ore that will assist in calibration of mining and metallurgy parameters prior to full-scale mining and production from its 100% owned Kat Gap Gold Project. This trial pit will further de-risk the Project and give the Company and its [...]
Classic Minerals Ltd. is pleased to announce that, in accordance with the terms of its Earn In and Joint Venture Agreement with IGO Newsearch Pty Ltd, a wholly-owned subsidiary of IGO Limited , IGO has notified Classic of: its election to acquire a 51% interest in the Company's Fraser Range tenements , having earnt that interest by spending [...]
Classic Minerals Ltd. is pleased to announce it has been able to secure funding against its Research and Development projects. As the approved claim amounts are returned to the Company through the ATO refunds, Classic has sought to bring forward the refund through financing by Radium Capital. Innovative specialist funder Radium Capital Pty ltd has [...]
Classic Minerals Ltd. is pleased to announce lodgedment of the remaining two required environmental approval applications to DMIRS for the proposed Kat Gap Mine development footprint. Highlights: - Following the grant of the Kat Gap Mining Lease by the Department of Mines, Industry Regulation and Safety on 22 April 2021, CLZ has now lodged the two [...]
Classic Minerals Ltd. is pleased to announce yet another significant milestone with the recently assembled Gekko Gold Processing Plant, now being transported from Classic's industrial yard in Perth to the Kat Gap Gold Project. The 100% complete and commissioned Gekko Plant has a 30 tonne per hour capacity and is scalable to a Gekko Python size [...]
WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to announce it has completed its infill drilling campaign at Kat Gap Gold project, necessary to provide important resource model data for optimisation and final pit design work ahead of production. The RC infill drilling program consisted of 28 RC holes for a total [...]
Classic Minerals Ltd. is very pleased to announce yet another significant production milestone with the achievement of Native Title endorsement over the mining area at Kat Gap. The Company has executed a Noongar Alternative Heritage Agreement with the South West Land And Sea Council, ICN 3832 on the behalf of the Ballardong Agreement Group which [...]
Classic Minerals Ltd. is pleased to announce the successfull assembly and commissioning of the 100% complete Gekko Gold Processing Plant, which has a 30 tonne per hour capacity and is scalable to a Gekko Python size plant with a processing capacity of 250 tph. The company will look to update shareholders as site mobilisation occurs. Small parcels [...]
Classic Minerals Ltd. is very pleased to announce the appointment of Ms Gillian King to the role of Non-Executive Director. Ms King commented "I'm excited to be appointed as Non-Executive Director, being of Noongar and Gurindji descendant I look forward to working with the Indigenous staff and applying my skills in Human Resources and Indigenous [...]
Classic Minerals Ltd. is pleased to announce the Grant of Mining Lease M 74/249 by the Department of Mines, Industry Regulation and Safety for the Kat Gap Gold Project . The initial term of the Mining Lease is 21 years from 22 April 2021 to 22 April 2042 and the granting of the Mining Lease is a major milestone in the Company's progression from an [...]