Articles On Classic Minerals (ASX:CLZ)

After a pilot test run to assess the suitability of its plant to process ore from the company’s premier Kat Gap deposit, Classic Minerals’ Gekko processing plant has outperformed its expectations.

Classic Minerals (ASX: CLZ) has reported that test work at the Gekko plant has validated its decision to choose it for processing of gold ore at its flagship Kat Gap project. Earlier this year, the company announced it had commissioned its...

The ASX will open much higher on Thursday Wall Street rallied strongly overnight as yields slump following BoE’s decision The BoE has surprised the market with bond buyback announcement Local shares are set to open much higher on Thursday...

Classic Minerals has continued its run of high-grade gold intercepts from infill drilling at its Kat Gap project near Southern Cross in WA after the company completed a further 11 holes for 680m at the site.

Classic Minerals’ RC infill drilling at the Kat Gap project in WA is continuing to deliver solid gold hits. Results from the next 11 holes of the 109-hole program, which are immediately east of the recently mined bulk sample pit, returned:...

New holes from a 109-hole infill drilling campaign at the Kat Gap gold project in Western Australia have returned more high-grade intercepts for owner Classic Minerals’ (ASX: CLZ). The results were generated from 11 holes for 680 metres, lo...

Classic Minerals has been given the green light to begin production at its Kat Gap gold mine near Southern Cross after officially receiving WA Department of Mines, Industry Regulation and Safety approval.

The notification of “Approval to Commence Mining Operations” for Kat Gap is a key regulatory approval required to kick off mining. The Department of Mines, Industry, Regulation and Safety has approved the Project Management Plan for the pr...

Classic Minerals (ASX: CLZ) has announced the project management plan for its Kat Gap gold project in Western Australia has been approved by the state’s mines department, paving the way for mining operations to commence. Notification of “Ap...

Classic Minerals has entered into a binding term sheet for Goldvalley to provide funding for Classic’s Kat Gap gold project in Western Australia. The terms include: Classic will supply Kat  Gap ore containing its  current 90,000 ounce  min...

Queen Elizabeth II soared off into the heavens Classic Minerals pulls off an amazing impersonation of Her Maj MinRes does absolutely nothing, but banks $1.5bn in value anyway   What a cracker of a day. This morning was an absolute rager,...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Classic Minerals’ share price soared over 290 per cent during intraday trading after news the company had secured a cash injection worth up to $10 million to take its Kat Gap gold project in WA to production.

The S&P/ASX 200 Materials Index (ASX: XMJ) is climbing 2.91% today, but three ASX mining shares are storming higher. The Black Rock Mining Ltd (ASX: BKT), Classic Minerals Ltd (ASX: CLZ), and Mineral Resources Limited (ASX: MIN) share...

Classic Minerals (CLZ) secures $10 million to bring its Kat Gap gold project into productionThe company signed a binding terms sheet with Goldvalley Brownstone, who will fund up to $10 million for the extraction and processing of ore from t...

Classic is shifting into development mode after securing $10m in funding to bring its Kat Gap gold project in Western Australia into production. Under a binding terms sheet, multi-sector conglomerate Goldvalley Brown Stone will provide $10m...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Classic Minerals (ASX: CLZ) has secured $10 million in financing for its Kat Gap gold project in Western Australia, sharing the net profits from gold sales with the financier rather than diluting existing shareholders through a large new st...

Western Australia explorer and developer Classic Minerals (ASX: CLZ) has reported further high-grade gold intercepts from infill drilling at its flagship Kat Gap project, 170km south of Southern Cross in WA. The latest assays come from a la...

Classic Minerals has delivered more high-grade gold intercepts from infill RC drilling including 1m at 40.1 g/t from 33m at the company’s flagship Kat Gap gold project 170km south of Southern Cross in WA.

Classic has gained a greater degree of confidence in its Kat Gap resource in Western Australia after infill drilling returned more high-grade gold intercepts. Notable intercepts from the 14 holes drilled immediately south along strike from...

Classic Minerals (CLZ) suspends drilling at its Kat Gap project in WA due to severe weather conditions The company was completing a 109-hole infill reverse circulation drill program for 7110 metres, which was due to take between four to si...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Classic Minerals has returned high-grade gold intercepts from the first 10 holes of an infill RC drilling campaign at its flagship Kat Gap project near Southern Cross in WA’s Goldfields region.

These results are from an infill reverse circulation drilling program conducted over 200m of strike at the Kat Gap Gold Project in Western Australia. A total of 10 holes for 555m have been drilled to gain a higher level of confidence in th...

Classic Minerals (CLZ) sees the first 10 holes from a drilling program at its Kat Gap project in WA return high-grade gold intercepts The holes were drilled for a total of 555 metres, forming part of a 109-hole program which will take plac...

Classic Minerals has moved closer to full-scale gold production at its flagship Kat Gap project near Southern Cross in Western Australia after hitting a substantial body of water in its first exploratory hole.

While not patently obvious, gold processing requires copious amounts of water, so this freshest news for Classic Minerals is the sweetest kind, especially when your flagship prospect is out in West Australia. It was tears of joy this week a...

Classic Minerals (ASX: CLZ) has hit substantial quantities of processing water in its first exploration drillhole at the Kat Gap gold project in Western Australia. The discovery is a vital ingredient for the project’s Gekko processing plant...

In its bulk sample mining operation, WA-focused Classic Minerals mined 6504 tonnes of ore containing 1011 ounces of gold from its Kat Gap deposit in WA. The ore will be used to fine tune its processing plant.

WA- focused gold explorer Classic Minerals (CLZ) mines 1011 ounces from its bulk sample mining operating at its Kat Gap gold project This came from 6504 ounces of gold bearing ore, with an average grade of 4.82 grams of gold per tonne The...

Classic has successfully completed bulk sample mining at its Kat Gap project with the operation producing 1,011 ounces of contained gold. This is right at the top end of the company’s forecast of between 645oz to 1,100oz of gold and could d...

The ASX 200 is set to open higher today, extending Friday’s 2% gain US Fed Chairman Jerome Powell has ruled out a 75bp hike for now eToro’s analyst Josh Gilbert is still optimistic about the current market ASX to extend Friday’s gain as W...

WA-focused gold exploration and development company Classic Minerals (ASX: CLZ) has mined more than 1000 ounces of gold from a bulk sample operation at its flagship Kat Gap project south of Southern Cross. The sample produced 6504 tonnes of...

Classic Minerals has finished mining the bulk sample at its Kat Gap gold project in WA – the first step towards the start of mining operations at the project. The gold rich ore zone which came within 6m of the surface was extracted with min...

Advanced explorer Classic Minerals (ASX: CLZ) has finalised the mining of a bulk sample from its flagship Kat Gap gold project near Southern Cross in Western Australia. The pit was mined within design parameters and took approximately eight...

Classic Minerals is energised in its final run to production at its flagship WA project after receiving approvals from the state regulator to assemble its gold processing plant and drill a water bore.

Aspiring producer Classic Minerals (ASX: CLZ) has received approval from Western Australia’s state government to drill a water bore for use at the Gekko processing facility within its Kat Gap gold project near Southern Cross. The approved a...

Progress at Classic Minerals Kat Gap Gold Project is continuing as clearing for the site of the construction plant wraps up.  Classic Minerals has received the tick of approval from the Department of Water and Environment Regulation (DWER)...

The main gold-bearing zone at Classic Minerals’ (ASX: CLZ) Kat Gap project near Southern Cross in Western Australia has seen the light of day after being broken for the first time by a shallow test hole in the floor of the bulk sampling pit...

Classic Minerals (CLZ) reaches the main orebody at its Kat Gap gold project in Western Australia via a shallow test hole in the floor of a bulk sampling pit The company says the small section of the main gold-bearing ore zone has been expo...

With approval to start mining at its Kat Gap project already in the kitty, Classic has now raised $1.5m to continue bulk sampling and take it closer towards becoming a gold producer. The bulk sampling program seeks to extract between 5,000t...

Classic Minerals (CLZ) completes a $1.5 million capital raise to fund its Kat Gap gold project in Western Australia The fully subscribed placement saw shares issued to institutional and sophisticated investors at 0.085 cents each Shares un...

Classic Minerals (CLZ) receives final approval needed to begin full scale mining at its Kat Gap gold project in Western Australia The Department of Mines, Industry Regulation and Safety approved Classic’s mining proposal including the...

Classic’s transition into a gold producer is now well and truly underway after the WA Department of Mines, Industry Regulation and Safety approved its Mining Proposal. The company is already in the process of carrying out bulk sampling at t...

Classic Minerals has unexpectedly uncovered what appears to be gold-bearing river gravels at its Kat Gap project in WA. Crushing of river gravels has yielded some visible gold in the panning dish.

Classic Minerals has tabled more high-grade gold at its Forrestania project in WA. The junior plunged 13 infill holes into the Wheatbelt with the highlight being a 1m high-grade hit at a rich 74.8 g/t gold.

Classic Minerals (CLZ) releases high-grade gold results following drilling at the within its Forrestania Gold Project in WA The results come from reverse circulation drilling conducted in November 2021, which saw the company complete a tot...

Classic Minerals (CLZ) starts bulk sample mining at its Kat Cap gold project in WA, which will assist in the calibration of mining and metallurgy parameters prior to full-scale mining and production Due to unsafe weather conditions, operat...

Classic Minerals has entered into a joint venture treaty with Tribitrage Holdings that will see the company offload 80 per cent of its lithium interest rights at two Kat Gap mining tenements in WA for $300,000.