28 Jul 2009 07:00
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For Immediate Release |
28 July 2009 |
Central Rand Gold Limited
("Central Rand Gold",Β "CRG"Β or the "Company")
(Incorporated as a company with limited liability under the laws ofΒ Guernsey,
Company Number 45108)
(Incorporated as an external company with limited liability under the laws of
South Africa, registration number 2007/019223/10)
ISIN: GG00B24HM601
Share code on LSE: CRND
Share code on JSE: CRD
First Gold SmeltΒ from the Carbon-In-LeachΒ ("CIL")Β Concentrate Treatment Plant
First bullion bar poured from CIL concentrate treatment plant
Recoveries to date in CIL plant in excess of 95%
Full metallurgical circuit nowΒ integratedΒ
CRG announces thatΒ on July 27, 2009,Β the CompanyΒ successfully smelted and poured its firstΒ bullion barΒ of approximately 1.5kgΒ from itsΒ CILΒ concentrate treatment plantΒ onΒ its Slot 8 site on the Consolidated Main Reef tenement.
The CIL plant, capable of treating 10,000 tonnesΒ of concentrateΒ per month, commenced civil work on site in February 2009,Β with the start ofΒ commissioning inΒ JuneΒ 2009. The smelt house was the final element requiring commissioning which has now been completed.Β Recoveries to date in the CIL plant have been in excess of 95%.
The CIL plantΒ wasΒ fedΒ concentrateΒ from the Gekko 20tph trial crushing and concentrating plant andΒ will now also be fed fromΒ the Bateman 30tph crushing and concentrating plant.Β The crushing and concentrating plants are treating surface material from the Main Reef and Main Reef Leader outcrops. It is expected that the crushing and concentrating plants will continue treating surface material until such time that underground ore is extracted, expected in early 2010.Β
Commenting on the smelt, Johan du Toit, Chief Executive Officer, stated, "We are extremely happy to have had our first smelt. This is a significant milestone in the Company's trial mining process and demonstrates that our metallurgical circuit isΒ now fully integrated and operational."
Contact:Β
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Johan du Toit |
+ 27 (0) 11 551 4000 |
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Wayne Epstein |
+ 27 (0) 11 551 4000 |
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info@centralrandgold.com |
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Enquiries: |
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Evolution Securities LimitedΒ Simon Edwards/Chris Sim/Neil Elliot |
+ 44 (0) 20 7071 4300 |
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MacquarieΒ First South Advisers (Pty) Ltd Thato Morojele/Manisha Ramlakhan/Melanie de Nysschen
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+ 27 (0) 11 583 2000 |
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Buchanan Communications LimitedΒ Bobby Morse/Ben Willey/Katharine Sutton |
+ 44 (0) 20 7466 5000 |
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Jenni NewmanΒ Public Relations (Pty) Ltd Jenni Newman/Megann Outram/LeratoΒ Tlatlane |
+ 27 (0) 11 506 7300 |
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