QUEBEC – Monarques Gold of Montreal and Wallbridge Mining of Toronto have signed a custom milling contract for a 35,000-tonnes bulk sample from Wallbridge’s Fenelon gold project. The property is 75 km west-northwest of Matagami, at Monarques’ Camflo mill about 25 km west of Val d’Or.
A gold pour at Monarques’ Camflo mill. (Image: Monarques Gold)
Monarques signed an agreement to treat a 55,000-tonne bulk sample from the Lamaque gold mine at the Camflo mill last month. The company has the certificate of authorization to increase mill capacity to 1,600 t/d from 1,200 t/d.
Wallbridge expects to begin delivering ore to the mill in Q2 2018. The Camflo mill treated Fenelon material in 2001 and 2004 and achieved recovery of >97% from a head grade of 10 g/t gold. The Fenelon deposit has proven and probable reserves of 29,000 oz. of gold in 96,721 tonnes grading 9.3 g/t.
Learn more about the Fenelon project at www.WallbridgeMining.com.