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Acq. of Mt McClure gold operations/ass. tenement interests

Document date:  Mon 06 Sep 1999
Published:  Mon 06 Sep 1999 00:00:00
Document No:  151828
Document part:  A
Market Flag:  N
Classification: 

GREAT CENTRAL MINES LIMITED                   1999-09-06  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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SUMMARY OF ANNOUNCEMENT

Acquisition of Mt. McClure gold operations and associated tenement
interests.

DETAILS OF ANNOUNCEMENT

The Directors are pleased to announce that they have exchanged
contracts with the Receivers and Managers of Arimco Mining Pty Ltd to
acquire the Mt. McClure gold operations and asso0
ciated tenements
interests.

Both parties are now working towards settlement which is scheduled to
take place no later than 30 September 1999.

The Company plans to operate Mt. McClure as part of its Bronzewing
gold operations. Ore will be transported from Mt. McClure and
processed through the Bronzewing gold processing plant.

J I Gutnick 
CHAIRMAN & MANAGING DIRECTOR

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