Central Rand Gold - Re: CRND Stream Log - Have you read this today?...

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18:28 02/12/2014

Have you read this today? On the operational front, CRG has temporarily suspended its water-constrained underground mining activities to focus on its previously mothballed opencast targets. The suspension of underground operations took place after State water organisation Trans-Caledon Tunnel Authority called for an upgrade to the company’s high-density sludge plant, which lowers underground water levels. Until that upgrade is complete, which is expected in early 2015, the company will focus on opencast targets, where mechanical ripping and other rock-breaking technology provides access to between 91 000 t and 350 000 t of gold-bearing reef with grades of up to 2.5 g/t. A return to the high-grade underground working areas will be reassessed once the sludge plant thickeners are upgraded and the water table lowered.

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