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Eastern Goldfields becomes Australia’s newest gold producer

Published: 14:12 25 Jul 2017 AEST

gold pouring
First gold poured from gravity circuit at Davyhurst Mill

Eastern Goldfields (ASX:EGS) has completed the first gold pour from the gravity circuit at the recently commissioned Davyhurst Mill, located 120 kilometres northwest of Kalgoorlie in Western Australia.

This represents a significant milestone for the company as it is the first on site gold production at Davyhurst since 2008.

The carbon-in-pulp (CIP) circuit will now have cyanide added to it as well as the loading of carbon. The leach circuit will also have cyanide added to it and heating has commenced of the CIP elution circuit.

The first gold pour from the CIP circuit is expected to occur this Thursday.

Eastern Goldfields is also developing the Golden Eagle underground mine decline.

The company’s mining operations continue to progress well, building a substantial supply of low-to-medium grade ore ready to support the ramp-up in production.

It is estimated that these works will be completed soon and ore mining development is expected to commence during August 2017.

Eastern Goldfields is led by executive chairman Michael Fotios, who has created substantial shareholder value through managing and investing in a number of ASX-listed mining companies.

These include General Mining Corp (ASX:GMM) and Northern Star Resources (ASX:NST).

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