ASX Announcement
7 September 2015
Tembang Gold-Silver Project
Practical Completion Achieved
8 Weeks Ahead of Schedule
Sumatra Copper & Gold plc ("the Company") is pleased to announce that the carbon-in-leach ("CIL") process plant at the Company's 100%-owned Tembang Gold-Silver Project located in Sumatra, Indonesia ("Tembang" or "the Project") has achieved practical completion for construction with waste material now being fed into the facility eight weeks ahead of schedule.
Blasting has also commenced at the underground and open pit mines currently under development following receipt of the final explosives permit. The achievement of these key milestones has brought forward the expected timing of the first gold pour to late September 2015.
David Fowler, Managing Director, commented: "The construction and operations teams have been outstanding in successfully delivering the Tembang Project to this point, ahead of schedule with good safety performance. We are also appreciative of the support provided by the local Government, community and our suppliers who have worked with us to achieve this important outcome. The expected first gold pour in September 2015, 8 weeks ahead of schedule, will herald a new era for our Company and provide a significant boost to the local economy."
Key points
Operations
• The final explosives permit has been received and permission has been granted for discharge into the tailings storage facility (TSF) pending issue of the final B3 waste permit.
• Portal access and ground support has been fully established at the flagship Belinau underground mine and blasting and decline development has commenced.
• Pre-strip mining has commenced at the high grade Siamang deposit.
• Dewatering and pre-strip blasting has commenced at the Bujang pit.
• Blasting has commenced at the Berenai open pit cut-back with ore continuing to be mined and stockpiled at the run-of-mine (ROM) pad.
• A new General Manager, Leonard Manurung, has been appointed. Leonard, a mining engineer with an MBA, has more than 20 years of resources experience and has held senior operational management roles in international companies including PT. Freeport Indonesia.
• Significant advances have been made to bolster and expand the Company's community engagement and community development initiatives as well as strengthening the security team, systems and processes.
Process Plant & Infrastructure
• Practical completion for construction of the CIL process plant has been achieved.
Directors
Steve Robinson
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Jocelyn Waller
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Contact
Level 1, 5 Ord Street
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Registered Address
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Non-Executive Chairman
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Non-Executive Director
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West Perth 6005
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39 Parkside, Cambridge
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Western Australia
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United Kingdom CB1 1PN
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David Fowler
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Gavin Caudle
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Managing Director
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Non-Executive Director
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T: +61 8 6298 6200
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Registered No. 5777015
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E: [email protected]
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Adi Sjoekri
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ASX Code: SUM
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Executive Director
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www.sumatracoppergold.com
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• The Project team has handed the process plant over to Operations.
• Waste material has been fed into the plant and the SAG mill vendor trials, at a 30%, 60% and
90% charge, have been completed.
• During construction there were no Lost Time Injuries (LTI) and only a single Medical Treatment
Injury (MTI).
• It is expected that the first gold pour will be achieved towards the end of September 2015.
Figure 1. First material being fed into the CIL Plant
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Figure 2. Process Plant Operations and Project Team shortly after hand-over
Figure 3. Decline development with Jumbo at Belinau
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Figure 4. Belinau decline blast
Figure 5. Underground team before portal commencement
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Figure 6. First waste blast at Bujang deposit
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For further information please contact:
David Fowler Phil Retter Managing Director Investor Relations Sumatra Copper & Gold plc NWR Communications
+61 8 6298 6200 M: +61 407 440 882 [email protected] [email protected]
About Sumatra Copper & Gold
Sumatra Copper & Gold plc (ASX: SUM) is an emerging gold and silver producer and the pre-eminent precious metals explorer in southern Sumatra, Indonesia. The Company has a significant project portfolio encompassing projects ranging from greenfield exploration projects to brownfield, near-production opportunities.
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