Classic Minerals Ltd.

WA-focused gold mining company, Classic Minerals Ltd. is pleased to announce that the final major milestone to begin production has been achieved, with the grant of the Ministerial approval for the installation and use of the Gekko processing plant. The approval of the Company's processing proposal by the Department Industry, Mines, Regulation, and Safety , in combination with recently approved mining approval , Mine [...]

Classic Minerals Ltd. is pleased to advise that construction activities have commenced on site for the development of the Company's 100% owned Kat Gap gold mine as permitted by the approved Mining Proposal , Mine Closure Plan and Project Management Plan . Having obtained all the requisite regulatory approvals, the stripping, and stockpiling of vegetation and topsoil commenced during the middle of October 2022. These [...]

Classic Minerals Ltd. made good progress at Kat Gap during the quarter as it progresses to a gold producer. Highlights of the quarter include: - The Company received from DMIRS formal approvals for its Project Management Plan paving the way for Mining Operations to commence at Kat Gap. - The Company entered into a binding terms sheet with Goldvalley Brown Stone Pty Ltd to provide $10 million in non-recourse funding [...]

WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to announce that it has commenced a program of deeper RC drilling in addition to the infill program at its Kat Gap Gold Project in Western Australia. The program of deeper holes is designed to test the northern area of infill drilling where high grade near surface mineralisation was recently reported on. The program is made up of 20 holes [...]

Classic Minerals Ltd. is pleased to announce that it has entered into a non-binding Memorandum of Understanding with Barto Gold Mining Pty Ltd . Barto is the owner of the Southern Cross Gold Operation centred around Marvel Loch located 30 km south of Southern Cross. The milling operation is managed by Minjar Gold Pty Ltd since Barto acquired the plant in 2017. The plant is capable of processing 1 Mtpa with all the [...]

Classic Minerals Ltd. advises that it has received assay results from the recent pilot plant test-work. The average head grade for the first portion of the bulk sample ore from Kat Gap is confirmed at 6.06 g/t. The mining of the bulk sample combined with the lab studies of 29 Sept 2020 and processing ore through the Gekko pilot plant gives a large degree of confidence to the Company. The original JORC resource was [...]

WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to announce that it has received further assay results from its extensive infill RC drilling program at its Kat Gap Gold Project in Western Australia. The Company has completed a further 32 holes for 1,850 metres at Kat Gap. Highlights: - The next 32 holes from a 109-hole infill RC drilling program at Kat Gap have continued to return [...]

Classic Minerals Ltd. is pleased to announce that it has validated the decision taken to invest in the Gekko range of equipment for processing Kat Gap gold ore. The test work completed by Nagrom in the laboratory1 has now been confirmed with the Gekko Inline Pressure Jig and Gekko Spinner delivering more than 95% of the liberated gold through a simple gravity process at a crush size of less than 2mm. The Gekko equipment [...]

WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to announce that it has received further assay results from its extensive infill RC drilling program at its Kat Gap Gold Project in Western Australia. The Company has completed a further 11 holes for 680 metres at Kat Gap. Classic has drilled 35 holes for 2,125m at Kat Gap during July and August as part of a much larger 109- hole infill [...]

Classic Minerals Ltd. is pleased to announce that it intends to undertake a partially underwritten, non-renounceable pro rata entitlement offer of one New Share for every two Shares held by Eligible Shareholders as at the Record Date , with one free attaching option, exercisable at $0.10 on or before 1 June 2025, to be issued for every two New Shares subscribed for under the Offer. The Offer is expected to raise to raise [...]