Caracal Achieves First Gold at Kilimapesa’s Pilot Plant — Commodity Comment

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By Jaime Llinares Taboada

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Caracal Gold PLC said Monday that its pilot processing plant at the Kilimapesa mine in Kenya has achieved first gold production ahead of schedule. Here’s what the mining company had to say:

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“The company is pleased to confirm that the commissioning of its pilot heap leach plant has successfully completed, and first gold has been produced. This first gold production has been achieved ahead of schedule and marks an important milestone in the wider expansion strategy currently being implemented to increase production to 24,000oz pa at Kilimapesa.”

“The results from the “pilot plant” pad consisting of the first 5,000t lift on the pad of the heap leach have exceeded expectations.”

“Based on the results above, the company has approved the construction of the additional pads required to treat the 30,000t of stockpiled low-grade material at +1.4g/t and then support the current 15,000tpm at +1.5g/t production capacity . Mining production initiatives have been initiated to ramp up from 15,000tpm to achieve the planned 20,000tpm.”

Write to Jaime Llinares Taboada at [email protected]; @JaimeLlinaresT

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Credit: www.marketwatch.com /

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