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Exiting a self-requested trading halt, Great Divide Mining (ASX:GDM) today announced the issue of 5,000,000 new shares in the company.

“The support GDM continues to receive since listing is really very satisfying,” said GDM CEO Justin Haines, “We just continue sticking to the plan we presented to shareholders for the development of GDM, and shareholders continue to reward us with their continued support.”

“It’s worthwhile remembering that its only 19 months since GDM listed on the ASX in August of 2023,” he said, “and in the very near future we’ll pour our first gold, shift gear into sustained processing and production of gold.”

“There is a level of commercial maturity a company achieves when it evolves to develop sustainable, profitable revenue, and is able to contemplate a return to shareholders.”

Asked when the anticipated first pouring of gold would occur at the Challenger Mine site, Haines commented, “Soon, really soon, almost certainly in the next quarter.”

“It’s important to note,” said Haines ,”that these additional funds will not only enable GDM to re-start the Challenger plant, but to also expand its current capacity, unlocking the plant’s fuller potential.

Haines went on to say, ”What’s particularly gratifying is that when we do pour first gold, it will have been achieved with empathy for the Adelong community, we’ll be operating totally within the existing mine-site footprint with absolutely minimal community disruption.”

“Further”, Haines went on, ”GDM won’t be using any chemical extraction processes onsite, so our biproducts will be clean water and industrial grade sand.”

“Seems like wins all around then,” he said, “ a win for the community, a win for the environment, and a win for GDM shareholders.”

“Just can’t wait for that first gold pour,” Haines smiles.