Doray Minerals Limited (ASX:DRM)
says development and construction at its Deflector Gold Project in Western Australia’s Murchison region are progressing well.
Both the processing plant and accommodation village are on schedule for operations to commence in 2016.
Open pit mining should kick off in February, underground mining is slated for commencement in May with the processing plant to be commissioned by the end of June.
Doray also say that September quarter gold production at its Andy Well project beat forecasts by 6.5 per cent.
Doray Minerals announced a net profit of $19 million for the 2015 financial year.