REG - Goldplat plc - TSF Update

GoldplatAnnouncement

27/06/2023 13:15

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RNS Number : 0843E  Goldplat plc  27 June 2023

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

27 June 2023

Goldplat plc

('Goldplat' or the 'Company')

TSF Update

Goldplat Plc, (AIM: GDP) the AIM listed Mining Services Group, with
international gold recovery operations located in South Africa and Ghana,
servicing the African and South American Mining Industry, is pleased to
announce an update on its tailing storage facility ("TSF").

Goldplat is in the process of upgrading the TSF at the South African
operation. Construction commenced in Q2 (December 2022) and construction was
planned to be completed by the end of Q4 (June 2023) with the one-month
commissioning phase to commence on the 1st of July 2023.

After numerous discussions and meetings with the Regulator, they have
confirmed the requirement for specific monitoring equipment. The order for the
specific monitoring equipment, which has a lead time of 4 - 6 weeks, has been
placed.

The current project construction phase, which includes the installation of
High Density Polyethylene (HDPE) liner and specific monitoring equipment, is
estimated to be completed by the end of July 2023 with commissioning to
commence at the beginning of August.

For further information, visit www.goldplat.com, follow on Twitter
@GoldplatGDP or contact:

 Werner Klingenberg                            Goldplat plc                                     Tel: +27 (0) 82 051 1071

                                               (CEO)
 Colin Aaronson / George M Grainger            Grant Thornton UK LLP                            Tel: +44 (0) 20 7383 5100

                                               (Nominated Adviser)
 James Bavister / Andrew de Andrade            WH Ireland Limited                               Tel: +44 (0) 207 220 1666

                                               (Broker)
 Tim Thompson / Mark Edwards / Fergus Mellon   Flagstaff Strategic and Investor Communications  Tel: +44 (0) 207 129 1474

                                                                                                goldplat@flagstaffcomms.com

 

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

 

 

 

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