Great Divide hits key milestones in path to production at Challenger
ASX-listed Great Divide Mining (GDM) is making strides in its efforts to bring the Challenger gold mine in Adelong, New South Wales, into production.
The company has successfully completed Stage 1 of the farm-in agreement with ADG and assumed operational control of the mine, marking a step forward in its transition from explorer to producer.
“GDM has spent the last 4 months completing due diligence work and finalising definitive agreements, time which has been used to deliver a double bottom line. We didn’t just assess plant and equipment during the due diligence phase, we maintained and restarted it during this same period. As a result, the site is now in a fully maintained and operable state, pending a few modifications to the process flow sheet and some minor additional equipment,” said GDM CEO Justin Haines.
The Challenger gold mine represents a fast-tracked opportunity for GDM to start generating revenue. With existing leases, development approvals, and a processing plant ready for restart and optimisation, the company is well-positioned to advance operations. During the due diligence period, which concluded in January, GDM’s onsite team worked to maintain and restart key equipment, ensuring the site’s readiness for production.
The Challenger has historically produced more than 800 000 oz of gold, with mill feed averaging over 150 g/t. GDM plans to leverage its operational infrastructure to begin near-term gold production, once the remaining metallurgical issues are addressed.
The company plans to begin reconfiguring the plant for process trials, which will determine the most commercially viable production route.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
