The feasibility study for Minnova Inc.’s (TSE) Samatosum project, which includes joint venture partner Rea Gold Corp. (VSE), has been awarded to Kilborn Engineering of Vancouver.
The study will determine the mill flowsheet, prepare basic layouts and estimate capital and operating costs for a 500-ton-per-day milling operation. Engineering will also include mill tailings disposal, tailings dam, service buildings and services.
Open pit and underground mine planning is being done in-house by Minnova and pilot plant testing for final mill design will be completed at Lakefield Research during June.
The Samatosum deposit, which is located 60 miles northeast of Kamloops, B.C., has reserves of 661,000 tons grading 32 oz silver, 0.052 oz gold, 3.5% zinc, 1.7% lead, and 1.2% copper. It is scheduled for production by mid-1989. Rea Gold has a 30% working interest in the project and a 5% net smelter royalty on the entire property. Minnova holds the remainder.
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