Plans by the companies call for a temporary shutdown of the mine pending financing and the results of a feasibility study on construction of a 600-ton-per-day mill at the mine site. The study is expected to take up to six weeks to complete.
The companies report about 12,780 tons of material were treated at the Yvan Vezina mill of Cambior Inc. (TSE), producing 1,115 oz gold. The sample was extracted from exploration drifts and stopes in preparation. The companies say the sample graded the expected 0.09 oz gold per ton and the recovery rate was 94.7%.
An additional sample of 11,000- to-13,000 tons grading an estimated 0.12 oz, mined in part from stopes in preparation, is being shipped to the same mill for treatment.
Proven, probable and possible reserves in the No 1 vein at Elder total slightly more than one million tons grading 0.155 oz, the companies report.
]]>
Be the first to comment on "First brick for Aunore, Nova-Beaucage"