Laneway Resources Launches iron ore crushing process
- Laneway Resources (LNY) begins the crushing process of iron ore from the Agate Creek gold mine in North Queensland
- The crushing is taking place at the Georgetown gold processing plant, after being hauled from the company’s wholly-owned project
- The company says the first phase of the refurbishment processing is progressing well, with site works and electrical refurbishment programs due to start processing ore in August
- The first gold pour is then expected shortly thereafter
- The company Resources last traded at 0.5 cents at 1:10 pm AEST