en.Wedoany.com Reported - Pacgold Ltd., focused on gold exploration, development, and production in Queensland and South Australia, has announced the first gold production from its White Dam Gold Project. In the first 14 days following the recommissioning of the processing plant, approximately 2 kilograms (60 ounces) of calcined product have been recovered. Three more stripping runs are planned before the end of the month, to be followed by smelting, transport, and sale.
Currently, heap leaching operations have successfully recommissioned the existing processing plant and mine facilities, with the plant running efficiently. Gold inventory is being absorbed from the circulating gold load in the leach solution. Irrigation has commenced on a new area at the eastern edge of the pad, increasing flow rates. Concurrently, the addition of activated carbon to the CIC circuit will assist in extracting and recovering the circulating gold load over the coming weeks.
Another significant milestone is the commencement of irrigation on a new batch of secondary crushed ore on the top layer of the heap. The screening and crushing circuit is steadily ramping up production, achieving a daily rate of approximately 1,500 tonnes. The company anticipates that these new lifts will begin to yield returns within the next 4 to 5 weeks as the solution percolates through the newly placed ore.
Pacgold stated it will continue to advance secondary crushing and leaching expansion, targeting a production capacity of 90 kilotonnes per month. Design work for the proposed heap pad expansion area is being undertaken by the experienced North American team, NewFields, and is expected to be completed by the end of July. Following this, tenders will be invited for construction and liner installation works. Resource drilling at the Vertigo deposit has been completed, with final assay results expected within the next 2 to 3 weeks. Upon data compilation, the company will complete an updated resource estimate and mine design as part of the full-scale production expansion plan for 2027.
RC drilling will be paused pending approval for drilling at White Dam North and until there is clarity on subsequent diesel supply, availability, and pricing. The company's current priority is to drive production increases from the existing heap and generate cash flow growth. Drill permit applications have been submitted for several exploration targets, including Mary Mine, White Dam North, Green and Gold, Wilkins, and Wadnaminga, providing multiple targets for future drilling campaigns.
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