Classic Minerals Limited (ASX. CLZ) has taken another key step in its plans to develop the Kat Gap Gold Project in WA by securing a Gekko gold gravity processing plant to be used for future on- site processing of ore.
The company’s CEO, Dean Goodwin, says the Australian-based Gekko are world leaders in the manufacture of gold processing plant and machinery with their plants boasting small footprints and low environmental impact.
He said the fact that the Gekko plant is modular and mounted on containerised elements providing for scalability and ease of modification. The plant has a 30 tonne per hour capacity and is scalable to a Gekko Python plant with a processing capacity of 250 tph.
The mobility associated with the modular construction also enables Classic to locate the plant adjacent to the ore body which further minimises cartage and processing costs.
Classic’s purchase is for a two-stage gravity concentration plant from Gekko which will be provided fully refurbished to new condition. The two-part plant will form the basis of the processing facility to be set up and operated by Classic at Kat Gap.
Mr Goodwin said Classic is now on track to set-up, commission and test the Gekko plant and commence processing of the gold rich ore at Kat Gap. The Gekko plant is ideally suited to processing Kat Gap ore which has a unique high gravity gold concentration. Classic will have the capability and capacity to commence production as soon as the Mining approvals have been granted.
In order to provide an immediate revenue stream, Classic has also commenced negotiations to toll treat any initial parcels of ore from Kat Gap, while the full-scale plant is configured to suit Kat Gap ore.
Classic believes it has made a major discovery at the 100% owned Kat Gap tenements and has upgraded the potential of Kat Gap and is making it the main focus of its exploration.
Classic Minerals owns a 100% interest in the gold rights on the Kat Gap Tenements and also non-gold rights including but not limited to nickel, lithium and other metals.