Classic Minerals Jumps final hurdle on path to production at Kat Gap
- Classic Minerals (CLZ) gets green light to start production at its Kat Gap project in Western Australia
- The company received ministerial approval to reassemble its Gekko processing plant which once in operation, would allow production to begin
- A construction team is being mobilised to site this week where a bulk sample ore stockpile is ready and waiting to be processed
- Classic’s forward plan is to produce a gold dore bar and have it refined at the Perth Mint to generate early cash flow within 12 weeks
- Shares in ClassicMinerals are up 8.33 per cent trading at 1.3 cents at 2:34 pm AEDT