Calidus Resources Limited (ASX:CAI) has made strong progress in construction of its Warrawoona Gold Project in Western Australia’s Pilbara Region has ensured the company is well on track to be Australia’s next gold producer.
Blasthole drilling is now underway as part of the preparations for the imminent start of mining. The build-up to the start of mining is taking place in parallel with a host of other activities including the construction of the tailings dam.
The processing plant is also proceeding to schedule, with the mill and crusher now on site and structural steel deliveries commenced.
Calidus Managing Director Dave Reeves said given the rapid progress made on several fronts in recent weeks, construction of Warrawoona was now 40% complete.
“With the commencement of blasthole drilling and construction progressing on time and budget, Calidus can now say with confidence that it will be Australia’s next gold producer,” Mr Reeves said.
“The activity on site is accelerating as the bulk of the civil works is completed at the processing plant, allowing mechanical and structural erection to commence in the near future.”
Warrawoona is forecast to produce up to 105,000oz a year (see ASX release dated 23 March 2021). But this has the potential to increase to 139,000 when the nearby Blue Spec deposit is developed. Blue Spec has a JORC Resource of 219,000oz at 16.3gpt and is now the subject of a Definitive Feasibility Study.
Gold production scheduled for June quarter 2022
For further information please visit: https://www.calidus.com.au/
