Resource News

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 …

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.

Click here to read the full press release.

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