Classic Minerals’ Kat Gap operation will process feed from its Lady Ada and Lady Magdalene deposits. Credit: File Classic Minerals (ASX: CLZ) has pumped up the combined indicated resources for its Lady Ada and Lady Magdalene deposits to establish a new mark of 69,966 ounces of gold at the company’s Forrestania project (FGP) near Southern Cross in Western Australia. Management says its inferred resource for the two projects now shows more than 227,613 gold ounces, bringing the

Classic Minerals proposes reopening the Lady Ada mine as part of its expanded Forrestania gold project. Credit: File A granted 21-year mining lease over two gold deposits set to join Classic Minerals’ (ASX: CLZ) stable of operations will give the company what it says is a bigger play at its Forrestania project area near Southern Cross in Western Australia. The new 1804-hectare lease at the Lady Magdalene and Lady Ada gold deposits – which Classic is in the process of buying f

Classic Minerals plans to process ore from its Forrestania project at its Kat Gap plant. Credit: File Classic Minerals has its sights set on production at its Lady Ada and Lady Magdalene gold deposits in Western Australia after tabling a mining lease application for the Forrestania tenements that contain the two projects. Once approved by the Department of Mines, Industry Regulation and Safety, the licence will allow the company to mine all the gold resources at Lady Ada and

Classic Minerals has signed a binding term sheet with Swiss fintech AuResources. Credit: File Classic Minerals appears set for a significant financial boost as it pushes towards production at its Kat Gap gold project after executing a binding term sheet with an international fintech for an initial US$10 million (AU$15.3 million). The agreement with Swiss-based AuResources also provides for the advance of a further US$50 million (AU$76.5 million) in five tranches of US$10 mill

Classic Minerals looks set to take complete control of its Forrestania gold project. Credit: File Classic Minerals appears set to fully own its Forrestania gold project after it entered into an agreement with Hannans subsidiary Reed Exploration to purchase the final 20 per cent of the operation. Forrestania sits near Southern Cross in Western Australia and boasts an indicated resource of 7.27 million tonnes at 1.33 grams per tonne gold for 311,050 ounces. Combined with its Ka

Classic Minerals chief executive officer Dean Goodwin examining bulk sample pit at Kat Gap. Credit: File Classic Minerals will begin trial mining at its Kat Gap project in Western Australia’s Goldfields region as it looks to calculate an ore reserve prior to moving into full-scale gold mining and production. The company says the pit will take about two months to complete, cost about $1.5 million and will target fully-oxidised high-grade ore, representing about half the indica

WA’s newest gold miner – 1st gold bar imminent!

Classic Minerals CEO Dean Goodwin (right) observes the Butchart table in operation. Credit: File. ASX-listed Classic Minerals has ticked off another key milestone for its Kat Gap gold mine near the Western Australian town of Southern Cross, after using its Butchart table separator to produce gold concentrate that will now be processed into gold dore. Management says smelting its concentrate will generate revenue that will fund stage-one mining at the Kat Gap pit, in addition

Classic Minerals has completed the commissioning of its Gekko processing plant at its Kat Gap operation in WA’s Goldfields region. Credit: File Classic Minerals has successfully completed the commissioning of its Kat Gap processing plant in Western Australia’s Goldfields region and has declared it will have its first bar of gold doré smelted this month. The company is set to start processing its 6504 tonnes of bulk sample ore at an average head grade of 6.06 grams per tonne a

A hopper being loaded at Classic Minerals’ Kat Gap crushing circuit. Credit: File Classic Minerals has officially begun wet commissioning of the processing plant at its Kat Gap gold project in Western Australia’s Wheatbelt region, with first ore expected to be produced this month. Management says it will use part of its bulk sample ore to complete the commissioning phase before processing the balance through its gravity circuit. Classic’s plant is gravity-based and the compan

Classic Minerals’ Kat Gap processing plant and tailing storage facility. Credit: File Classic Minerals’ Kat Gap processing plant in Western Australia’s Wheatbelt region has secured a key endorsement for its efficient approach to gravity gold recovery after an independent evaluation of the company’s circuit design. Management says the results of independent bench and pilot-scale tests indicate its current configuration is well suited to maximise the recovery of gravity-recover

Aerial view of Classic Minerals’ Kat Gap development. Credit: File Classic Minerals has secured vital water supply security after the State Government’s Department of Water and Environmental Regulation (DWER) granted the company a licence to drill a second water bore at its Kat Gap gold mine in Western Australia’s Wheatbelt region. A report to certify the project’s tailings storage facility (TSF) is also moving through the bureaucratic pipeline, as the company gets all its du

IPS busy at work installing the power plant for Classic Minerals’ Gekko processing facility. Credit: File Classic Minerals is set to produce the first gold from its Kat Gap mine in Western Australia’s famed Goldfields region this month, after flicking the live switch for the power station that will rev up its “Gekko” processing plant. The company is now perfectly poised to become WA’s next gold producer. Management today revealed it had successfully installed its 2-megawatt (

Classic Minerals’ Gekko processing plant. Credit: File Classic Minerals has pencilled in later this month to commission a new processing facility at its Kat Gap gold mine in Western Australia’s Goldfields region. Successful commissioning will see the company clear its final hurdle to begin gold production. It says its ore is already sitting and waiting on the facility’s run-of-mine (ROM) pad as it eyes ramping up production of up to 100,000 tonnes per annum, with the ability