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Doray Minerals on construction path at Deflector

Doray Minerals on construction path at Deflector

Doray Minerals (ASX:DRM) is continuing with the construction phase of the Deflector Gold Project, located in the southern Murchison region of Western Australia.

The company wholly-owns Deflector after a take-over of then previous owner Mutiny Gold.

Doray said that construction activities continue at the processing plant and site admin areas with most concrete footings now completed.

The first load of steelwork for the crushing circuit has recently arrived and all pads for the new site office, workshops and stores have now been completed.

The process water dam has been completed and the liner is being installed.

Deflector is a high-grade/low-cost gold-copper deposit with an initial mine life of six years, with potential to increase the life based on exploration.

Doray has forecast when Deflector is in production, along with its currently producing Andy Well, that the company will have average production of 150-160,000kozpa (AuEq) with an average all-in sustaining cost of <A$1,000/oz.

 

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Doray Minerals Ltd Timeline

Newswire
October 25 2016

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