7,000 Tonnes of Agate Creek Stockpiles Approved for Processing at Georgetown

Savannah Goldfields is advancing steadily towards resuming gold production at its Georgetown plant, with environmental approvals secured and operational preparations underway for an October restart.

  • Environmental approval granted to move 7,000 tonnes of Agate Creek stockpiles
  • Maintenance and upgrades progressing at Georgetown Gold Processing Plant
  • Crushing contractor selected and mobilizing imminently
  • Gold production expected to recommence in October 2025
  • Recruitment underway for plant operators ahead of restart
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Environmental Green Light for Stockpile Processing

Savannah Goldfields Limited has taken a significant step forward in its efforts to restart gold production at the Georgetown Gold Processing Plant (GGPP) in Far North Queensland. The company announced it has received environmental authorisation to transport approximately 7,000 tonnes of run of mine (ROM) stockpiles from its Agate Creek site to the GGPP for processing. This approval comes as a welcome development amid ongoing regulatory processes related to mining operations at Agate Creek.

Operational Preparations Gain Momentum

With environmental hurdles addressed for the stockpile movement, Savannah is now focusing on readying the processing plant for production. Planned maintenance activities are well underway, including essential electrical checks, tailings pump replacement, and improvements to the elution circuit and carbon regeneration facility. These upgrades are critical to ensuring the plant operates efficiently and safely once production resumes.

The company has also selected a crushing contractor, who is scheduled to mobilise to the site imminently. This move signals that Savannah is on track to meet its target of recommencing gold processing and production during October 2025. Concurrently, recruitment efforts for plant operators are progressing to support the restart.

Strategic Outlook and Shareholder Value

CEO Brad Sampson expressed optimism about the company’s trajectory, highlighting that the progress aligns with the goals set during the recent capital raising. The combination of operational restart and ongoing exploration programs positions Savannah to potentially deliver significant near-term growth in shareholder value. However, the company remains dependent on final environmental approvals to resume open pit mining at Agate Creek, which will be a key factor in sustaining production beyond processing existing stockpiles.

As Savannah moves closer to reactivating its gold production, investors will be watching closely to see how efficiently the company can convert these operational advances into tangible output and financial performance. The coming months will be pivotal in validating the company’s strategy and its ability to navigate regulatory and operational challenges.

Bottom Line?

Savannah’s October production restart marks a critical milestone, but full mining resumption hinges on pending environmental approvals.

Questions in the middle?

  • When will Savannah receive final environmental approval to resume open pit mining at Agate Creek?
  • What production volumes and financial impact can investors expect from processing the 7,000 tonnes of ROM stockpiles?
  • How will ongoing exploration programs influence Savannah’s growth trajectory beyond the immediate restart?