PRESS RELEASE: Great Divide Mining confirms daily processing ability at Challenger Mine

Great Divide Mining Ltd (ASX:GDM) is able to confirm daily processing of remanent ore stocks and tailings at the Challenger Mine in Adelong, NSW.

“We’ve announced meeting the required standards set by regulatory authorities to enable safe commencement and operation of processing activities at the Challenger Mine, and, so, well, we have,” said CEO Justin Haines.

“Now operations aren’t full-on production I need to point out,” Haines went on to say, “we’re continuing our crawl and walk, before you run strategy.”

“It’s very much a case of plan twice, test twice, and then operate once,” Haines went on.

“It’s a good strategy I find, for avoidance of mistakes,” he quips.

“This is not a plant that GDM designed,” he said, ”So it wasn’t optimised for production at the planning stage, as we would have liked.”

“Yes, GDM did conduct thorough due diligence and inspected, serviced and repaired where necessary, throughout the entire site and processing circuit,” said Haines

“Yes, each piece of equipment in the processing circuit is operating to a satisfactory level, so now it’s about balance,” say Haines, “We need to balance up each piece of equipment with every other piece of kit in the circuit.”

“Each following piece of processing equipment needs to be able to operate at a rate to match the previous piece of equipment,” he said, “we need to avoid idle line time at any stage, but also to avoid double handling of material due to any bottle necks or stockpiling in the production circuit.”

“It’s now about optimising sustainable daily production rates, setting realistic production targets, and then meeting or exceeding them … every day,” said Haines.

“We made several commitments to our shareholders and to the Adelong community,” said Haines,

“We committed to reinstating processing at the Challenger Mine, and we have.”

“We committed to process gold using only clean recycled water, and we’ve proved we can do that as well.”

“Next stop … commercially profitable daily production.”

“Can’t wait for that first GDM Gold pour at Challenger,” smiles Haines.

ENDS

Media Contacts:

Name: John KochanskiCompany: Great Divide MiningEmail: Phone: 0411831122

About Great Divide Mining

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For further information: Justin Haines, CEO e [email protected] m +61 (0)418 876 420 Great Divide Mining Ltd (ASX: GDM) Great Divide Mining is an Australian Gold, Antimony and critical metals miner, explorer and developer with five projects across 17 tenements (including two in application). GDM’s focus is on operating producing assets within areas of historical mining and past exploration with nearby infrastructure, thus enabling rapid development. Through a staged exploration and development programme, GDM intends to generate cash flow from its initial projects to support further exploration across its portfolio of highly prospective tenements.