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Record gold production at WA’s Andy Well Gold Project

Western Australian Premier Urged Not To Increase Gold Royalty Rates

 

Doray Minerals Limited announced this week that it achieved record monthly gold production of 10,591 ounces for the month of May at its 100 per cent owned Andy Well Gold Project, in the northern Murchison region of Western Australia.

Production came from processing 28,600 tonnes with a head grade of 11.96g/t Au while a significant number of ounces came from the high-grade Wilber Lode stage 2 open pit.

Doray’s Managing Director, Mr Allan Kelly said that despite a delayed start to the open pit, due to the increase in the size, mining had caught up to the original schedule and the pit was delivering a mine grade of approximately 20g/t Au at the moment.

“The Stage 2 open pit, as predicted 12 months ago, is having a positive impact on production and costs and is currently delivering above expectations,” he said.

The Company advises that, following completion of mining of the stage 2 open pit, open pit production will continue from the recently announced high-grade Suzie Lode open pit.

Pre-stripping of the Suzie open-pit has commenced and the additional high-grade open pit material is expected to have an ongoing positive impact on production and costs in the 2016 financial year.

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