|Bid||0.0020 x 0|
|Ask||0.0030 x 0|
|Day's range||0.0020 - 0.0030|
|52-week range||0.0010 - 0.0040|
|Beta (5Y monthly)||2.56|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The equipment secured is a Gekko gold gravity processing plant.
Perth, Australia, July 20, 2020 - (ABN Newswire) - WA-focused gold exploration and development company Classic Minerals Limited (ASX:CLZ) is pleased to announce that it has secured a Gekko gold gravity processing plant to be used for future on-site processing of Gold ore at its Kat Gap Gold Project. Kat Gap is located approx. 120 km's south east of Southern Cross, Western Australia and has an existing 93K ounce JORC Resource with a strong exploration upside and scope for high grade open pit mining. Gekko are world leaders in the manufacture of gold processing plant and machinery with their plants boasting small footprints and low environmental impact.
Perth, Australia, July 14, 2020 - (ABN Newswire) - WA-focused gold exploration and development company Classic Minerals Limited (ASX:CLZ) is pleased to announce that it has completed its preliminary metallurgical test work program on drill samples collected from drilling at Kat Gap. The test work has been conducted by the metallurgical laboratory Nagrom, located in Kelmscott WA of oxide and fresh mineral samples from the Kat Gap program. The results have been particularly encouraging for Classic Minerals as the material tested indicated that the majority of the gold could be recovered by traditional gravity separation techniques and with the mineralisation located from near surface this has the potential to provide a low processing cost option for the material.