Galaxy Resources Announce Mt Cattlin Begins Wet Commissioning

Galaxy Resources Limited Galaxy Resources Limited (ASX:GXY) is pleased to provide the following update for its Mt Cattlin Project in Ravensthorpe, Western Australia.
Commissioning Update
As announced on 6 September 2016, the Company engaged Primero Group (“Primero”) as project managers for the final stages of construction, commissioning and ramp up of operations. The accelerated construction strategy adopted by Primero has achieved significant progress with certain milestones achieved ahead of the planned completion schedule. Wet commissioning of the feed classification circuit has been implemented on schedule. The tantalum beneficiation circuit wet commissioning, planned for the week beginning 2 October 2016, commenced one week ahead of schedule. Final stages of piping and electrical installation are continuing along the critical path with importantly, significant progress being achieved within the dense medium separation (“DMS”) area. Punch listing has commenced one week ahead of schedule in the reflux classification area in preparation for water commissioning. Final handover of the reflux classification area from construction is scheduled over the next two weeks in line with previously indicated milestones.
Final commissioning has been completed on the ore preparation area with automated sequence runs conducted. Wet commissioning commenced in the feed classification and tantalum beneficiation areas, pumping water through the circuit from the newly completed water services area through to the completed tailings thickener. Plant optimization continues with control loops and set-points within the commissioned areas.
Progress Update – Period Ending 1 October 2016

• Water systems commissioned and running
• Thickener commissioned and tails systems checked
• Fines building piping completed and flushed
• Feed classification area completed and flushed
• Conveyor sequence testing completed
• Air systems completed and commissioned for feed classification and tantalum beneficiation areas
• Wet commissioning implemented for feed classification and tantalum beneficiation areas
• Punch listing commenced in reflux classification area
• DMS mechanical completion at 80%
• Filter belt construction on schedule with all cabling to the filter belt pulled and terminations in progress

Planned Milestones – Period Ending 15 October 2016

• Final handover of reflux area from construction post punch list completion
• Completion of water commissioning of reflux area – in complete sequence with the feed classification and tantalum beneficiation
• Reach mechanical completion of the DMS area
• Finalize construction of the DMS and filtration areas in preparation for punch listing

The previously announced milestones remain on or ahead of schedule.
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