Monarques will restart the Beacon mill in Val d’Or by the end of this year. (Image: Monarques Gold)
QUEBEC – Monarques Gold Corp. of Montreal has announced that it will restart its Beacon mill in Val d’Or in the last quarter of 2018. The mill is located on Route 117, within 500 metres of a railway line, and less than 10 km from the Beaufor gold mine.
The company has budgeted $1.5 million to upgrade the 750-t/d plant. SNC-Lavalin will handle the engineering for the mill and tailings management facility.
The Beacon mill has been shut down since 2010 and is in very good conditions, says Monarques. It has the needed operating permits to reprocess 1.8 million tonnes of tailings. Treating that amount of material will take nine years if the plant runs are full capacity.
The company could also make the Beacon plant available for custom milling services.
Read the company’s latest corporate presentation at www.MonarquesGold.com.