Media ReleasesCommissioners Gold

View All Commissioners Gold News

Commissioners Gold Ltd, Operations Update

Commissioners Gold Limited (ASX:CGU) is pleased to advise that work on the Mollehuaca gold plant in southern Peru is now focussed on plant optimisation ahead of first gold production.

CGU holds a 25% indirect equity interest in Mollehuaca through Goldsmith Resources. Current work comprises completion of the few outstanding components, including the tailings field, installation of the secondary ball mill and remedial work on the water supply well.

Australian engineers are currently undertaking a final pre-commissioning inspection of the plant, and overseeing rectification work on the dam for tailings impoundment.

The plant commissioning delay has provided an opportunity for ‘bugs’ in the treatment process to be addressed. Major plant components have already been tested during a ‘dry’ run at site, which will be followed up immediately on completion of the tailings field with a ‘wet’ commissioning using ore, most likely to be sourced from the Saulito project.

For further information please download PDF below:

Download this document

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.