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Adelong Gold’s joint venture partner, GDM, has made significant strides at the Adelong Goldfield, with the first gold pour expected within a matter of weeks.
Processing of remaining ore stocks and tailings is now in full swing at the Challenger mine site, with concentrates being stored in the processing plant. Gold separation for the inaugural pour is set to occur shortly. The ore is being processed through the upgraded plant, ensuring maximum efficiency and optimal performance of both plant and equipment.
Simultaneously, electrical equipment upgrades and other enhancements are underway, aimed at not just meeting but exceeding operational standards. With the gold price remaining buoyant at over A$5,000 per ounce, the economics of the Challenger mine remain robust. The JV operator, GDM, is aiming for continuous mining operations, targeting an annual production of 15,000oz.