Ore Mining Commences at Grants Patch

RNS Number : 8508S

Keras Resources PLC

22 March 2016

 

Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

22 March 2016

Keras Resources plc ('Keras' or 'the Company')

Ore Mining Commences at Grants Patch

Keras Resources plc, the Australian gold development company, is pleased to announce that it has commenced ore mining under its bulk sample permit at the Anomaly 22 deposit, which is located in the Grants Patch Gold Tribute lease area ('Grants Patch') and lies 30km north of Kalgoorlie in Western Australian goldfields. The extracted gold ore will initially be stockpiled before being trucked to the Paddington Mill early next week. 

Keras Managing Director Mr. Dave Reeves said, "The commencement of extraction at Grants Patch, ahead of schedule in Q1 2016, is a significant milestone for Keras. This, combined with the signing of the two additional tributes, sets the Company up as a cash flow generative gold miner with an exciting future."

**ENDS**

For further information visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following: 

Dave Reeves	Keras Resources plc	[e-mail]
Nominated Adviser
Gerry Beaney/David Hignell	Northland Capital Partners Limited	[phone]
Broker
Elliot Hance/ Jonathon Belliss	Beaufort Securities Limited	[phone]
Financial PR
Elisabeth Cowell/ Frank Buhagiar	St Brides Partners Limited	[phone]

 

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