Deccan Gold Mines' associate begins gold production at Jonnagiri project

Deccan Gold Mines announced today that its associate company, Geomysore Services (India) Private Limited, has completed trial runs at its Jonnagiri Gold Project. The project has successfully established all processing circuits and equipment flows, aligning with feasibility study expectations. During the trial phase, approximately 40kg of dore bar was produced, marking the project's transition towards commercial production of refined gold.

This achievement follows 12 years of development work by the Geomysore team. The Jonnagiri Gold Project's full ramp-up is expected to significantly contribute to India's domestic gold production.

Deccan Gold Mines holds a 27% stake in Geomysore, with other major shareholders including Lloyds Enterprises and Thriveni Group.