
First of four gold mines operational for junior developer
IT’s a case of so far so good for Perth-based gold developer KalNorth, with the official opening of its first gold mine. Gold production is now underway at the Lindsay project, 65km northeast of Kalgoorlie; the first of four projects in the KalNorth Gold Field to enter production. Speaking at the opening ceremony, chairman Laurence Freedman said the mine’s production launch represented an important milestone for the company and shareholders. “With production now underway at the Lindsay’s field, we have officially transitioned from gold explorer to gold producer,” he said. Mr Freeman also believed that the development, which was completed on time and on budget, added credibility to the company as a profitable gold producer. “We have worked hard to…