Tombola Gold Ltd. advised after a lengthy approval process the Queensland Government has finally issued the Environment Authority (EA) for the commencement of the construction of the Mt Freda Gold Vat Leach and Carbon-in-Column processing facility and associated mining activities. The Gold processing plant which consists of four 2 tonne Gold recovery carbon columns, already completed and located within the process facility bund wall. The entire processing plant has been manufactured off-site and will be assembled on-site with only the cyanide and caustic soda handling and mixing circuit (now completed) to be installed mid/late January.

Construction of the two 40,000 tonne re-useable Leach Vats for Mt Freda is now well under construction together with the Pregnant Liquor Solution (PLS) and Barren Liquor Solution (BLS) ponds. The Gold processing plant will operate at 150,000 liters of solution per hour via four 2 tonne activated carbon columns. The Gold processing plant will initially commence production of approximately 300,000 tonnes of Gold mineral resource per year with a forecast Gold production of 57,300 ounces of Gold over 3 years with a net margin of $63.7 million over the three years with drilling to continue to expand the life of mine.