Orminex has poured its first gold from its 51 per cent-owned Comet Vale project in the Goldfields region of Western Australia. The gold pour, from the first toll treatment campaign at the Burbanks Mill of 202 Oz’s comes from additional ore which did not form part of the current mine plan.
|Daryl Henthorn (left), Wayne McGrath (middle) and Ross Graham (right) with the first gold bar poured|
On site for the first gold pour was Orminex Executive Chairman Daryl Henthorn, Wayne McGrath, Executive Chairman of Wyllie Group who is a cornerstone investor in Orminex, and Ross Graham, Director of GBF Underground Mining, Orminex’s strategic alliance partner.
The gold pour was followed by an underground mining inspection.
Executive Chairman Daryl Henthorn lauded the first gold pour as a significant milestone for Orminex.
“It has been less than four months since we listed, and we have already commenced mining and have now poured our first gold. It demonstrates how our Mineral Ventures model can unlock value in the gold sector with its access to capital and mining services”, said Mr Henthorn.
“This is a scalable and repeatable model and I am looking forward to the next stage of growth for Orminex.
“Development is now down to the 2.5 Level which is expected to provide access to historic high-grade ore drives.”