Building a Leading West Australian Gold Company
Doray Minerals Limited (ASX: DRM) is a Western Australian gold producer with two mining operations. The Deflector Gold Copper Mine is located in the southern Murchison region of WA, 450km north of Perth and the Andy Well Gold Mine located approximately 45km north of Meekatharra, in the Murchison region of Western Australia.
The combined projects of Deflector and Andy Well have delivered annual production of approximately 105,000 ounces Au and 4,700 tonnes Cu in the Financial Year ended June 30, 2017. Doray is undergoing a transformational stage by growing its production base at its two Western Australian Gold Project’s.
There is substantial upside at the Deflector mine with ongoing drilling delineating extensions to the ore body, which is open at depth and along strike. There is also potential to significantly enhance the Andy Well operations with the addition of the nearby Gnaweeda resource, which could potentially be brought into the mine plan in the Financial Year ending June 30, 2018 if shown to be feasible.
The Company’s experienced Board and management team provides a strong foundation for Doray to continue to achieve its operating targets while near mine exploration success paves the way for future growth path.