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    gold investing

    Eldorado Gold Provides an Update on Kisladag Operations

    Priscila Barrera
    Oct. 23, 2017 09:00AM PST
    Precious Metals Investing

    Eldorado Gold (“Eldorado” or the “Company”) today provides an update on its 100% owned Kisladag gold mine in Turkey. Kisladag is a low-grade, bulk-tonnage, open pit operation that uses heap leach for gold recovery. As quoted in the press release: On June 27, 2017, the Company reported that, while placement of estimated recoverable gold on the leach …

    Eldorado Gold (“Eldorado” or the “Company”) today provides an update on its 100% owned Kisladag gold mine in Turkey. Kisladag is a low-grade, bulk-tonnage, open pit operation that uses heap leach for gold recovery.
    As quoted in the press release:

    On June 27, 2017, the Company reported that, while placement of estimated recoverable gold on the leach pad proceeded as planned, the gold solution grade and consequently gold recovery from the leach pad had lagged internal expectations. Initial laboratory and in situ tests, where solution chemistry was adjusted, indicated normal recovery rates were still expected.  The Company also believed that more time for solution to flow through the current stack height of the leach pad (approximately 80 meters at the highest point) was required.

    Click here for the full text release

    gold investing
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