Doray Minerals has officially opened its new gold mine, the Andy Well project, in WA's northern Murchinson region.
The mine was opened by WA mining minister Bill Marmion, and marked an important milestone both for the company and the region.
According to Doray this is the first new gold operation in Murchinson for more than a decade.
Doray's managing director Allan Kelly thanked Marmion and the people who helped the company move from an explorer to a gold producer in four years.
"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," Kelly said.
Having achieved first gold pour in August, Doray stated that it has quickly proved itself to a "high-grade and low-cost cost producer, as seen in results from its September quarterly report".
"The quality and high grade nature of the Wilber Lode proves that 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, co-operation, and expertise," Kelly stated.
"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 indication the potential to extend the mine life past the initial 3.7 years indicated in the BFS.
"We have literally just scratched the surface at Andy Well and look forward to exploring and developing further resources in the near future."