Emerald Resources NL (ASX: EMR) has successfully ramped-up to full production at its fully-owned Okvau Gold Mine in the Mondulkiri province of eastern Cambodia, with output now maintained for several weeks.
The company reports that over 19koz of gold has been produced to date, including approximately 12koz of gold poured. Shipments to the refiner had commenced in July 2021.
Production is on track to reach 23koz (inclusive of gold in circuit) for Q3 2021, with the company noting that sulphide ore production for the first 15 days of September averaged 420oz per day recovered. The process plant throughput for this period was reported to have averaged 275 tonnes per hour, which is 10% above the DFS targeted nameplate rate of 2.0Mtpa.
The result confirms Emerald’s status as a potential 100,000+ ounce per annum gold producer.
“we are either meeting or exceeding the Okvau Gold Mine DFS which is a testament to the skill and quality of our staff and contractors”
Speaking on the news, Emerald Resources Managing Director Morgan Hart said: “Importantly we are either meeting or exceeding the Okvau Gold Mine DFS which is a testament to the skill and quality of our staff and contractors in light of the significant challenges of the global pandemic and commissioning and ramp up activities during the recent wet season.”
The company reports that sulphide ore gold recoveries to date remained in line with the expectations for the areas mined and milled, averaging 82%. Meanwhile, life-of-mine recoveries remained in line with the DFS of around 84%.
EMR says that its management team is continuing to focus on optimising the performance of the Okvau Gold Mine, with operations on schedule and in line with milling requirements, meeting all ore and waste feed requirements, matching the budgeted mill throughput and stripping ratio.
Images: Emerald Resources NL