Classic Minerals Limited: Quarterly Activities Report
01.05.2022 | ABN Newswire
Perth, Australia - Classic Minerals Ltd. (ASX:CLZ) made good progress at Kat Gap during the quarter as it progresses to a gold producer.Highlights of the quarter include:
- The Company received formal approvals from DMIRS enabling it to commence mining operations.
- Bulk sample mining recommenced in February with a total of 31,000t mined to date. First ore is expected to be mined in the first few weeks of the June quarter.
- RC drilling results were finally returned from work carried out at Forrestania back in November 2021. The work program was concentrated on twinning existing historical RC holes at Lady Ada and Lady Magdalene for resource calculation purposes.
- IGO carried out only minor desktop work on the Fraser Range Nickel project.
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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).
Source:
Classic Minerals Ltd.
Contact:
Classic Minerals Ltd. T: +61-8-6305-0221 E: contact@classicminerals.com.au WWW: www.classicminerals.com.au