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ZIM: 50t/d gold processing plant at Bill’s Luck
ZIM: 50t/d gold processing plant at Bill’s Luck.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n\nPRESS RELEASE\n27 June 2025\nKAVANGO RESOURCES PLC\n(\"Kavango\" or \"the Company\")\nZIM: 50t/d gold processing plant at Bill's Luck\nKavango Resources plc (LSE: KAV), the Southern Africa focused metals exploration and gold production Company, is pleased to announce it has commenced construction of a 50 tonne a day (\"t/d\") Carbon in Pulp gold processing plant (the \"CIP Test Plant\") at the Bill's Luck Gold Mine (\"Bill's Luck\") at the Hillside Gold Project (\"Hillside\"), Zimbabwe.\nFurther to the recent discovery of new gold reefs (announced >>> 24 June 2025), Kavango's geology and mining teams now anticipate that the Bill's Luck gold system is much larger than was originally appreciated. Since the Company is already mining at Bill's Luck, the Company is currently focused on growing production capacity at Hillside collectively in the short-term.\nThe Bill's Luck CIP Test Plant is expected to boost the Company's overall gold production within three months and be cash flow positive shortly after successful commissioning, when steady state nameplate throughput has been reliably achieved.\nHighlights\n· Kavango intends to feed the CIP Test Plant solely with ore produced from the Main Shaft at Bill's Luck, mined by Kavango's mining team.\no Current mining at Main Shaft delivers roughly 30t/d of ore.\n· Current available processing capacity at the Company's milling centre at Hillside (3 x stamp mills and 12 x in-ground VAT leach tanks) is fully consumed by the volume of ore production from local contract miners.\no As at the time of this announcement, there exists an 820 tonne (\"t\") ore stockpile at the Main Shaft produced by Kavango's mining team, with a weighted average gold grade of 2.55 grams a tonne (\"g/t\"), that is unable to be processed due to capacity constraints as outlined above.\no Processing capacity at the existing Hillside facility will also be increased in the milling circuit with the planned installation of a roller mill, which will increase the milling capacity from 30t/d to 60t/d.\n· Construction of the CIP Test Plant will include a 3 tonne per hour (\"tph\") crushing circuit, 2 x 2tph ball mills, 10 x CIP leach tanks (0.5m3 capacity each), plus a 10-hectare tailings storage facility.\n· The Main Shaft's hoisting system is ...