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Tri-Star Resources said that commercial-grade production had commenced at an antimony-gold processing facility in Oman in which it holds a 40% stake.
Joint venture company Strategic & Precious Metals Processing had produced its first ingot, with a gold concentration in excess of 2%, the minimum commercial grade, the company said.
It was focused on ramping up production and building volumes for sale.
'Production of first commercial grade dore is a significant milestone as we look to advance the development of this exciting gold and antimony project and build a leading global position in the market,' chairman Adrian Collins said.
'Whilst there are still challenges to overcome, we have reached a tipping point that will, I believe, result in accelerated activity over the next few months; we look forward to updating shareholders on progress.'