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    Galane Gold Production Affects Mill Motor Failure

    Investing News Network
    May. 26, 2014 10:20AM PST
    Company News

    Galane Gold Ltd. (TSXV:GG) reported the failure of its SAG mill motor, and mill production is expected to be at approximately 70% of planned levels for 8 to 18 weeks. The motor has been replaced by an emergency spare that has 60% of the capacity of the original motor.

    Galane Gold Ltd. (TSXV:GG) reported the failure of its SAG mill motor, and mill production is expected to be at approximately 70% of planned levels for 8 to 18 weeks. The motor has been replaced by an emergency spare that has 60% of the capacity of the original motor.

    As quoted in the press release:

    The Company is currently reviewing the best option to resolve the issue. Several replacement motors have been identified which could be at site within 8 weeks or alternatively the faulty motor can be repaired which could take up to 18 weeks. Company management is optimistic that the 18 week estimate is conservative.

    Click here to read the Galane Gold Ltd. (TSXV:GG) press release

    galane goldgalane gold ltdtsxv:gg
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