Last checked at 27 Jun 2023 13:07
Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
27 June 2023
Goldplat plc
('Goldplat' or the 'Company')
TSF Update
Goldplat Plc, (AIM: GDP) the AIM listed Mining Services Group, with international gold recovery operations located in South Africa and Ghana, servicing the African and South American Mining Industry, is pleased to announce an update on its tailing storage facility ("TSF").
Goldplat is in the process of upgrading the TSF at the South African operation. Construction commenced in Q2 (December 2022) and construction was planned to be completed by the end of Q4 (June 2023) with the one-month commissioning phase to commence on the 1st of July 2023.
After numerous discussions and meetings with the Regulator, they have confirmed the requirement for specific monitoring equipment. The order for the specific monitoring equipment, which has a lead time of 4 - 6 weeks, has been placed.
The current project construction phase, which includes the installation of High Density Polyethylene (HDPE) liner and specific monitoring equipment, is estimated to be completed by the end of July 2023 with commissioning to commence at the beginning of August.
For further information, visit www.goldplat.com, follow on Twitter @GoldplatGDP or contact:
Werner Klingenberg
| Goldplat plc (CEO) | Tel: +27 (0) 82 051 1071 |
Colin Aaronson / George M Grainger | Grant Thornton UK LLP (Nominated Adviser) | Tel: +44 (0) 20 7383 5100 |
James Bavister / Andrew de Andrade | WH Ireland Limited (Broker) | Tel: +44 (0) 207 220 1666 |
Tim Thompson / Mark Edwards / Fergus Mellon | Flagstaff Strategic and Investor Communications | Tel: +44 (0) 207 129 1474 goldplat@flagstaffcomms.com |
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.