True Gold Mining on Track For First Pour Q1 2016 at Karma

Gold Investing

True Gold Mining (TSXV:TGM) provided an update on the progress of construction at its Karma gold mine in Burkina Faso. The company said that construction activities have ramped up and that it is on schedule for its first gold pour at the mine by Q1 of 2016.

True Gold Mining (TSXV:TGM) provided an update on the progress of construction at its Karma gold mine in Burkina Faso. The company said that construction activities have ramped up and that it is on schedule for its first gold pour at the mine by Q1 of 2016.

As quoted in the press release, highlights of progress at Karma include:

  • Full construction resumed June 1, 2015
  • Komatsu PC3000 excavator and mine fleet (4 of 6 Komatsu 785, 100T trucks) commissioned
  • Clearing started on cells 1, 2 and 3 of the heap-leach pad
  • Excavation started on raw and storm water ponds
  • Excavation and backfill started for hard rock crusher area
  • Foundations for ADR building nearing completion
  • Employment ramped up with over 250 staff active on site
  • Arrival of hard rock crusher MV 2000 VSI
  • WA800 wheel loader assembly started
  • Temporary Fuel storage farm completed
  • Construction of main haul road initiated
  • ADR building structural steel delivered to site

True Gold CEO, Christian Milau, said:

I am extremely pleased with the speed and efficiency our team has demonstrated in getting back to work since mid-May. Over the last few weeks we have made significant progress towards first gold pour. The site is buzzing with energy and excitement of being back at work and I want to thank our team for their dedication and diligence in getting Karma back on track. The local communities, suppliers, and the government, have been extremely supportive of the return to work.

Click here to read the True Gold Mining (TSXV:TGM) press release

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