Doray Minerals last week officially opened its Andy Well Gold Project in the northern Murchison region of Western Australia. The state's Minister for Mines & Petroleum, Bill Marmion, officiated at the ceremony to mark the important milestone in Doray’s four-year history and the first new gold operation in the Murchison in more than 10 years.
Doray’s managing director Allan Kelly thanked the Minister and acknowledged the various people involved in the company’s growth and transition to gold producer. “We wouldn’t be celebrating this achievement today without the sustained efforts of our contractors, consultants and staff, and the support of shareholders over the last three and a half years.
“Particular attention was paid to ensure we met key objectives on time and, more often than not, under budget to reach today’s milestone,” he said.
Having achieved its first gold pour in August 2013, Doray has quickly proved itself to be a high-grade and low-cost gold producer, as evidenced in results from its September quarterly report.
“The quality and high-grade nature of the Wilber Lode proves there are quality deposits still to be discovered in our vast, resource-rich state of Western Australia and that good projects can come to fruition with determination, innovation, cooperation and expertise.
“This is the beginning of a new chapter in Doray’s story with at least two additional high-grade lodes discovered parallel to the Wilber Lode indicating the potential to extend the mine life past the initial 3.7 years indicated in the bankable feasibility study. We have literally just scratched the surface at Andy Well and look forward to exploring and developing further resources in the near future,” Allan Kelly added.