Goldplat (GDP)


Goldplat output up

Goldplat produced 28,063 ounces of gold and gold equivalents in the nine months to the end of March - up from 24,709 oz a year ago.

The company said that installation of the first stage of the new processing plant at Kilimapesa mine was completed in the period and the $2m Scipion loan facility was secured.

Chief executive Gerard Kisbey-Green said the three months to the end of March had been a good quarter on all fronts "especially with respect to our main areas of strategic focus".

Kisbey-Green added: "I am particularly pleased with progress made on the plant expansion and achievement of targets at Kilimapesa, as well as the positive developments being made with respect to the sourcing of material from South America.

"Alongside this we have identified new sourcing opportunities within West Africa and are also exploring opportunities in North America.

"I believe Goldplat is on track to meet planned targets for FY 2017 and look forward to keeping our shareholders updated with our continued progress."