Calidus Resources Limited produces first gold bar at Warrawoona

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Calidus Resources Limited has announced the completion of the maiden gold pour from its 100% owned Warrawoona Project in Western Australia.

The processing plant is up and running, with milling rates of 2.2 million tonnes per annum. The full ramp up to 2.4 million tonnes per annum is planned to be completed this quarter.

“Commissioning of our processing plant was highly successful and is a tribute to the skills of our team. We are increasing throughput and gold output with the aim of reaching full production rates this quarter,” said Calidus Managing Director Dave Reeves in an ASX Announcement.

The Warrawoona gold project lies about 25 kilometres southeast of Marble Bar and roughly 150 kilometres southeast of Port Hedland.

Adertisement

“We wish to thank all Calidus personnel, who, with our key contractors GR Engineering Services Limited, Machmon Holdings Limited and Assetlink Services Limited, have allowed us to deliver the Warrawoona Gold Project, on time and on budget,” Mr Reeves said.

“Over the remainder of the quarter, we will focus on our operational ramp up and other site activities including our active exploration programmes that have taken place during the course of development.”

The gold project is expected to produce up to 105,000 oz per year, with the potential to increase to 139,000 oz per year when the neighbouring Blue Spec deposit is developed.

Calidus started ore processing at Warrawoona in April 2022.

To mark the first gold t Warrawoona, Calidus is minting a commemorative one ounce gold coin which will be available for purchase through the company’s website.

Image credit: https://www.investi.com.au/api/announcements/cai/9950e567-a0d.pdf