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Classic Minerals Ltd.
Classic Minerals Ltd.
Registriert in: Australien WKN: A0NA2L Rohstoffe:
Art: Originalaktie ISIN: AU000000CLZ3 Gold
Heimatbörse: Sydney/Melbourne Alternativ: -
Währung: AUD    
Symbol: CLZ.AX Forum:

Classic Minerals Limited: Powers Up Processing Plant

07.06.2023 | 0:36 Uhr | ABN Newswire
Perth, Australia - Classic Minerals Ltd. (ASX:CLZ) (FRA:2I7) (OTCMKTS:CSMRF) has successfully installed a power plant with a capacity of 2 megawatts (MW). This dedicated power source provides more than sufficient electricity to service the current infrastructure and additional processing equipment at the Kat Gap gold processing facility. The strategic design of the power plant allows for future expansion whilst accommodating a scaling up of processing throughput.

The installation of the power plant carried out by IPS represents a crucial achievement for Classic Minerals as it is now able to energise the Gekko Processing Plant. The Cummins powered generators ensure a reliable and consistent supply of electricity, mitigating any potential disruptions and increasing production capabilities.

IPS Industrial Power Solutions is installing the PLC/SCADA logic for the Kat Gap Gold Project.

- The logic has been developed in accordance with the project's engineering specifications.

- Expected completion of the logic and successful simulation testing by the end of next week.

- IPS will then configure the SCADA runtime and progress to commissioning.

- Once commissioned, Classic will enter production phase.

- The PLC/SCADA logic completion represents a major step towards achieving this goal

- The SCADA system will monitor and control mining and processing operations, ensuring safe and efficient project operation.

- Classic Minerals is committed to the safe and efficient development of the Kat Gap Gold Project.

Classic Minerals Ltd. will also be able to draw on the Govt Diesel Fuel Rebate starting from July 1, 2023, of 36 cents per litre.

Classic Minerals remains dedicated to delivering value to its shareholders and stakeholders through the continued development and optimization of the Kat Gap project. The company will keep shareholders and the market informed of the progress of the gold processing facility as it advances towards commercial production in June 2023.

*To view photographs, please visit:

About Classic Minerals Limited:

Classic Minerals Ltd. (ASX:CLZ) is an exploration and development company focused on gold deposits in Western Australia's famous Goldfields region. In March 2017, Classic acquired the Forrestania Gold Project, with seven tenements stretching across 450km2. Strategically located in a very prospective region, the FGP is an underexplored package surrounded by multimillion ounce deposits such as Bounty (2Moz) and Yilgarn Star (1.5Moz).

Classic Minerals Ltd.


Classic Minerals Ltd. T: +61-8-6305-0221 E: contact@classicminerals.com.au WWW: www.classicminerals.com.au

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