Deccan Gold Mines has informed that that the Company has been informed by GMSI that a pilot process plant for producing gravity gold concentrates has been commissioned at their key Jonnagiri Gold Project in Andhra Pradesh. This Plant will be producing gravity gold concentrates from the gold ore that is being mined from the open pit at Jonnagiri ML area which is already in operation. As shareholders are aware, the Company is in the process of acquiring a significant stake in GMSI through a Composite Scheme of Arrangement and are encouraged to refer to earlier Updates in this regard.
The above information is a part of company’s filings submitted to BSE.
