The Board of Directors of
Site works and electrical and mechanical refurbishment programs at the Processing Plant at Georgetown have commenced, as part of the estimated
The plant was previously fully refurbished in 2010 and has only been used briefly since then including for the processing of a metallurgical sample for Laneway in early 2014 which achieved good gold recoveries. In addition to the processing plant refurbishment works, re-establishment of associated site infrastructure including water, tailings, offices, maintenance stores, workshops and communications are underway and advancing well. It is currently anticipated the refurbishment and restart program to enable processing of ore will take around 12 weeks to complete at which time high grade ore from
The restart of the Georgetown Gold Processing Plant will enable Laneway to take control over its gold production future, generate material free cashflow and begin building the platform for a regional gold processing centre. Laneway entered into a Share Sale Agreement in
Laneway Managing Director,
We are pleased to be underway with the refurbishment and restart works at the Georgetown plant which, once complete, will enable us to take control of our processing and development future and provide a clear pathway for Laneway to execute on its significant growth pipeline.
Contact:
Tel: (07) 3108 3500
Email: admin@lanewayresources.com.au
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