Montan Mining Provides Corporate Update

Montan Mining (TSXV:MNY; FSE:S5GM) has announced the operational transition of its recently acquired Cerro Dorado mill project is moving ahead of schedule and that it is also proceeding with a sampling program at certain exposed surface veins at its Rey Salomon mine.
As quoted in the press release:

The Company’s Rey Salomon mine is located adjacent to its Cerro Dorado processing plant complex and has recorded off-site sales of mineralised rock from past production of some 1,675 tonnes grading 11.80 g/t Au between 2012 and 2015, with earlier recorded production of 670 tonnes grading 15.23 g/t Au (as per Minera OFIR 2012 sales records). Included in the most recent sales records are 466.8 dry tonnes with a grade of 10.6g/t Au sold to the Chala One plant belonging to Inca One Gold Corp. (TSX-V: IO) and 370.2 dry tonnes with a grade of 9.5g/t Au sold to the Koricancha plant belonging to JDL Gold Corp., formerly Anthem United (TSX-V: JDL).
Permitting Expansion Update
The company is also pleased to announce that it has expanded permitting of the Cerro Dorado plant to an effective 125 tons per day (“TPD”) by submitting a revised Instrumento de Gestion Ambiental Correctivo (‘IGAC’) to both the Regional Government of Arequipa and to the Environmental Ministry of Peru as required by Peruvian law. The application proposes a new 60 TPD flotation circuit, an expansion of the tailings pond area to accommodate for an estimated five years of tailings residue, a sampling assay laboratory and a truck scale. Peruvian law allows Montan to proceed with the building of the items under the IGAC permit application covering the Cerro Dorado plant, commencing immediately.

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