Alacer Gold Ups Heap Leach Pad Capacity to 56 Million Tonnes

Alacer Gold Corp. (TSX:ASR,ASX:AQG) announced that a heap leach pad expansion study at its Copler gold mine has resulted in a 14-percent increase in ultimate capacity. It now sits at 56 million tonnes.

As quoted in the press release:

The total cost of the expansion is estimated to be $30M which combines the previously planned heap leach phase four expansion with the new capacity increase to 56 million tonnes. The Corporation expects to spend $25M of the expansion costs in 2015. Work is currently underway on a technical review to re‐optimize the mine plan which will take advantage of the new expanded heap leach capacity. The results of this work will be announced towards the end of first quarter 2015.

Click here to read the full Alacer Gold Corp. (TSX:ASR,ASX:AQG) press release.