Classic Minerals Ltd. continued its work at the 100% owned Kat Gap tenements about 70 km to the South East of the Lady Ada and Lady Magdalene gold resources. Drilling was mainly focused on deeper work on a 20m x 20m and 20m x 40m grid spacing tracking the depth extent of shallower high grade gold mineralisation down plunge. Results for the deeper program have been received however the Lady Ada and Lady Magdalene program [...]
WA-focused gold exploration and development company Classic Minerals Ltd. presents a bulk sample mining update. Highlights: - Classic Minerals mining crew on time and on budget. - Pit has reached 5 meters below surface. - Unexpected ancient river gravels near the base of the overburden exposed above the main ore zone. - River gravels not recognised in previous RC drilling programs. - Crushing of river gravels show minor [...]
WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to announce that it has finally received assays results from a small program of RC drilling conducted in November 2021 at its Forrestania Gold Project in Western Australia. The Company completed a total of 13 holes for 1,419 metres at Lady Ada and Lady Magdalene. Significant results from the latest drilling program are tabled below [...]
Classic Minerals Ltd. is pleased to announce it has officially re-commenced bulk sample mining at its 100% owned Kat Gap Gold Project. - Following recent receipt of mining approvals for a Bulk Sample at Kat Gap Gold project, Classic Minerals Ltd. has officially commenced mining of the Bulk Sample with the first soil turned at Kat Gap in August 2021. - Bulk sample mining was stopped shortly thereafter due to unseasonal [...]
Classic Minerals Ltd. is pleased to announce that it has entered into a joint venture arrangement with Tribitrage Holdings Pty Ltd pursuant to which Tribitrage has acquired an 80% interest in the lithium rights on Classic's Kat Gap mining tenements . The parties will execute a formal mineral rights agreement in due course. As Classic maintains its focus on gold mining at Kat Gap, the arrangement with Tribitrage will [...]
Classic Minerals Ltd. advises that the Native Vegetation Clearing Permit for Classic's Kat Gap mine and processing facility has been granted under s.51E of the Environmental Protection Act 1986 on 10 February 2022. Classic also refers to the ASX announcement of 26 May 20211 wherein Classic confirmed that it had submitted the application for the Native Vegetation Clearing Permit. The remaining approval is the approval of [...]
Classic Minerals Ltd. made modest progress at Kat Gap during the quarter as it strives to become a gold producer. The Company is still waiting on final DMIRS approvals before it can commence mining operations. A total of 13 holes for 1,419 metres were drilled during the quarter by the Company. RC drilling was focused solely on the Forrestania area with work concentrating on twinning existing historical RC holes at Lady [...]
Classic Minerals Ltd. has made significant progress at Kat Gap during the quarter as it strives to become a gold producer. Highlights of the quarter include: - Assay results returned for deep RC drilling testing beneath previously recorded fresh rock high-grade gold mineralisation at Kat Gap. - Commenced first stage extraction of a 49,000t bulk sample at Kat Gap. - Advancing engineering, mining, and metallurgical studies [...]
Classic Minerals Ltd. has made significant progress at Kat Gap during the quarter as it strives to become a gold producer. Highlights of the quarter include: - Assay results returned for infill RC drilling testing the gap between oxide and deeper fresh rock high-grade gold mineralisation at Kat Gap. - Advancing engineering, mining and metallurgical studies at Kat Gap, and - IGO have made further progress at Classic's [...]
WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to announce that it has received assays results from a small program of deep RC drilling conducted in July 2021 at its Forrestania Gold Project in Western Australia. The Company completed a total of 11 holes for 1,940 metres at Kat Gap. Drilling results from Kat Gap continued to deliver high-grade gold mineralisation. The results in this [...]
Classic Minerals Ltd. is pleased to announce it has officially commenced bulk sample mining at its 100% owned Kat Gap Gold Project. The processing of this ore sample will assist in calibration of mining and metallurgy parameters prior to full-scale mining and production from its Kat Gap gold project. Highlights: - Following recent receipt of mining approvals for a Bulk Sample at Kat Gap Gold project, [...]
On 02 Aug 2021, Classic Minerals Ltd. announced its intention to undertake an offer of fully-paid ordinary shares in the Company to eligible shareholders under a share purchase plan at an issue price of $0.0013 per Share to raise up to $8.4 million . On behalf of the Directors, I am pleased to offer Eligible Shareholders, as defined in Section 2* of the enclosed terms and conditions the opportunity to participate in the [...]