16-Dec-11 - Small Holding Sale Facility
18-Nov-11 - 2011 AGM Results
17-Oct-11 - Crescent Hits Production Guidance for September 2011
13-Oct-11 - Crescent adds Director to Board
6-Oct-11 - Close of Focus Takeover Offer for Crescent Gold
3-Oct-11 - Year End Report - 30 June 2011
28-Sep-11 - Focus Extends Offer to 5 October 2011
15-Sep-11 - Focus Interest and Offer Extended
1-Sep-11 - Crescent Gold Takeover by Focus Minerals Extended
19-Aug-11 - Results of August General Meeting
Crescent Gold Limited
CRESCENT GOLD LIMITED is a mining, development and exploration company based in Perth, Western Australia.
With a primary focus on gold development and mining, the Company is actively mining and advancing its flagship project, the Laverton Gold Project - located 250km northeast of Kalgoorlie in Western Australia.
On 6 October 2011 Focus Minerals Limited successfully completed an off market takeover of Crescent Gold with Focus holding 81.57% of Crescent Gold shares.
The successful completion of this takeover will result in Focus emerging as one of Australia's top gold producers with production expected to exceed 200,000 ounces of gold per annum and a combined JORC compliant Resource base of 4.3 million ounces of gold.
Crescent has delisted from its CRA:TSX listing and is requesting delisting from its CRE:ASX listing.
Gold production at Laverton is part of a collaborative Ore Purchase Agreement with Barrick Gold Corporation (Barrick) to process Laverton ore through Barrick's nearby Granny Smith Mill. This agreement has improved economics (unit costs) and operating synergies for both companies.
Mining and haulage operations at Laverton commenced in August 2009, with the first batch of ore processed at Barrick's Granny Smith Mill on 11 October 2009. The first processing campaign was completed in November 2009.
Initial production at Laverton achieved forecasted gold ore sales of approximately 100,000 ounces equivalent per annum for the first 12 months of production.
Other Company interests, through a 100% owned subsidiary, include uranium exploration projects through Joint Venture opportunities, which include projects in South Australia, Queensland and the Northern Territory.
