True Gold Mining Updates Feasibility Study for Karma

True Gold Mining Inc. (TSXV:TGM) provided status updates for the preparation of the feasibility study for the Karma Gold Project, which is expected to be completed by the end of 2013.

As quoted in the press release:

Key updates include: Geotechnical work in progress intersected thicker than expected laterite in proposed areas selected for the leach pad and plant. Thicker laterite potentially provides a load-bearing, impermeable layer that could simplify construction and liner design. Hydro-geology studies reveal limited groundwater in only one of the pits, indicating little groundwater-related risk for mine design. The proposed process flow sheet is expected to incorporate both mineral sizing and crushing to provide operational flexibility and effectiveness, potentially mitigating risks and reducing costs associated with variations in material hardness. Investigations to employ a mobile crushing and sizing plant intended to simplify process design and reduce capital costs are ongoing. Site reviews of existing operations with throughputs in excess of those planned for the Karma Project have been completed.

To view the whole press release, click here.