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Classic Minerals (ASX:CLZ) secures Gekko gold processing plant

Mining
ASX:CLZ      MCAP $2.17M
20 July 2020 14:15 (AEST)
Classic Minerals (ASX:CLZ) - CEO, Dean Goodwin

Source: Classic Minerals

WA gold exploration company Classic Minerals (CLZ) has secured a Gekko gold gravity processing plant for its Kat Gap Gold Project.

Kat Gap is located in Western Australia, roughly 50 kilometres south-southeast of its Forrestania Gold Project. It is made up of two exploration licences and covers an area of 37.5 square kilometres.

Gekko’s plant will be provided fully refurbished and has a 30 tonne per hour processing capacity.

The plant can be expanded to a Gekko Python plant which has a 250 tonne per hour processing capability.

Gekko plant
Source: Classic Minerals

Gekko is a leading company in the manufacture and processing of gold, and its plants have small footprints and low environmental impacts.

Classic is now on track to set up, commission, and test the Gekko plant and begin processing the ore from Kat Gap.

This plant is ideal for Kat Gap ore, as it has a very unique high level of gravity gold concentration. As soon as mining approvals have been granted, production can begin.

Classic is up a healthy 25 per cent and shares are trading for 0.3 cents each at 1:44 pm AEST.

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