Thursday, November 19, 2009

CATALPA’S EDNA MAY OPERATIONS - 7 MONTHS FROM FIRST GOLD

 

 

Highlights

 

·          Equipment hire and maintenance contract finalised and 24-hour Mining underway

·          Recruitment on schedule – successful local employment

·          Site construction on schedule and within budget:

§          Procurement of major plant items complete

§          All key fabrication packages awarded

§          Refurbishment progress on track, with delivery of newly fabricated steel and platework to site underway

§          Concrete and tank installation work on schedule for completion in November

 

 

Catalpa Resources Limited (ASX: CAH), the Perth-based advanced gold developer, today reported on construction progress at its Edna May Gold Project at Westonia, WA, confirming the project is within budget, and on schedule to pour first gold in seven months time (June 2010).

 

A number of significant project milestones have been reached in recent weeks as the Project progresses rapidly through the construction phase towards commissioning.

 

The finalisation of an equipment hire and maintenance contract with Force Equipment Hire and Service on 22 October 2009 is a major milestone, enabling the commencement of 24 hour mining operations. 

 

The mining works to date have focused on the establishment of road access to the tailing storage facilities, mill ROM pad access ramp and the removal of a waste stockpile surrounding the pit area.

 

The second recruitment phase remains on schedule, with advertising and assessment against key roles progressing well.  To-date, some 40% of Edna May Operations’ permanent workforce has been recruited from local communities in the immediate vicinity of the mine, in keeping with Catalpa’s commitment to sustainable community involvement.

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