Ready To Go With New Cambodian Gold Production
Emerald Resources NL (ASX: EMR) has reached practical completion of construction and commissioning of its 100% owned 2.0Mtpa Okvau Gold Mine in Cambodia.
Managing Director, Morgan Hart, said the successful commissioning of the sulphide float regrind circuit and commencement of hard rock sulphide ore feed marks the commencement of run of mine ore processing and normal operations. The processing plant has performed well to date and is expected to achieve full nameplate capacity within the coming weeks.
“The successful commissioning of the sulphide float regrind circuit is the last significant milestone on the ramp up to full production at the Okvau Gold Mine,” Mr Hart said.
“The commissioning now allows for higher grade sulphide ore to be processed. Our production guidance remains in line with the Definitive Feasibility Study of 100,000oz to 110,000oz Au on an annualised basis.
“The company expects to update the market with quarterly and FY2022 guidance prior to the end of the current quarter.”
Commissioning activities during July 2021 have focussed on the start-up of the sulphide float regrind circuit and adding higher grade sulphide ore to the processing plant.
The sulphide float regrind circuit has now been successfully commissioned whilst the company has continued production through processing of oxide ore from crusher to the SAG mill and through the CIL tanks, stripping circuits and detox circuit.
During July 2021 whilst the process plant was processing oxide ore, the mill throughput was at 100% of nameplate capacity. In the first few days of operating on sulphide ore feed, mill throughput has already achieved a daily throughput rate in excess of 90% of nameplate with a ramp up to 100% expected over the coming weeks.
Initial indications of sulphide ore gold recovery are positive with daily recoveries in excess of 88% achieved which reconciles well against the Definitive Feasibility Study (DFS) of 84%.
Gold production guidance at the Okvau Gold Mine remains in line with the DFS of 100,000oz to 110,000oz Au on an annualised basis.
For further information please visit: https://www.emeraldresources.com.au/
