Calidus Resources Remains on Track and on Budget For First Gold Pour

THE BOURSE WHSIPERER: Calidus Resources (ASX: CAI) announced commencement of commissioning of the company’s 100 percent owned Warrawoona gold project in the Pilbara of Western Australia.

Calidus Resources reported crushing and milling operations are set to start within the next eight weeks with first gold poured approximately two weeks later. The project remains on budget.

“With first gold now forecast to be less than ten weeks away, we are about to make the pivotal transition from developer to profitable gold producer,” Calidus Resources managing director Dave Reeves said in the company’s ASX announcement.

“This immense achievement is a credit to all employees and contractors, who have worked tirelessly amid some of the most challenging weather conditions and times our industry has faced.”

 

Dave Reeves speaks with Wally Graham at the recent RIU Explorers Conference in Fremantle.

 

 

 

 

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@calidus.com.au

 

Web: www.calidus.com.au