Kingsgate Consolidated update on Chatree Gold Mine operations

Kingsgate Consolidated Limited (ASX: $KCN) has announced the completion of the Plant #1 Overhaul Project at Chatree Gold Mine. The Department of Primary Industries and Mines is scheduled to inspect Plant #1 on Thursday 25 April, with full commissioning expected to follow a successful inspection. Additionally, the company has received and assembled the first tranche of new mining equipment at Chatree, including five 777 trucks, two D8 dozers, and one 395 excavator. Furthermore, an operational milestone of 3 million dry tonnes milled, crushed, and handled has been achieved since operations recommenced in March 2023.

Executive commentary on operational developments

Rob Kinnaird, General Manager, Operations, expressed excitement about the upcoming full commissioning of Plant #1 and the arrival of new Caterpillar equipment at Chatree. He stated, 'It's an exciting time at Chatree, with full commissioning of Plant #1 about to start coinciding with the first delivery of the new Caterpillar equipment. The Operations Team is looking forward to putting this new kit to work and putting Plant #1 through its paces'.

Summary of Kingsgate Consolidated's operational update

Kingsgate Consolidated (ASX: $KCN) has successfully completed the Plant #1 Overhaul Project at Chatree Gold Mine and anticipates the inspection by the Department of Primary Industries and Mines. The company has also received and assembled the first tranche of new mining equipment, marking a significant operational milestone. Robust operational developments, including the achievement of 3 million dry tonnes milled, crushed, and handled, demonstrate Kingsgate's commitment to enhancing its mining operations. The company's proactive approach to equipment upgrades and operational milestones bodes well for its future performance at Chatree Gold Mine.