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GOLD: True Gold orders Komatsu pit equipment for Karma project

BURKINA FASO – Vancouver-based True Gold Mining is buying Komatsu fleet equipment for its Karma gold project in west Africa. A letter of intent has been signed with local Komatsu dealer, Equipment and Services BIA.



BURKINA FASO – Vancouver-based True Gold Mining is buying Komatsu fleet equipment for its Karma gold project in west Africa. A letter of intent has been signed with local Komatsu dealer, Equipment and Services BIA.

The local dealer was chosen based on price competitiveness, purchase terms and conditions, and its dealer presence in Burkina Faso. Locally-based dealer support will provide spare parts, technical expertise, and training not otherwise available from an offshore supplier, said True Gold.

The primary mining fleet for pre-production and initial production includes one 15 m3 hydraulic excavator, one 10 m3 front-end loader, six 90-tonne haul trucks, four 50-tonne bulldozers, and two 300 hp graders. Auxiliary equipment will also be purchased.

Delivery of the pre-production fleet is scheduled for December 2014. Eight million tonnes of material will be moved during the construction period to permit the start of heap leach operations in the last quarter of 2015.

Once production has started, the fleet will be augmented with a second primary excavator and eight additional trucks to achieve an average mining rate of approximately 14 million t/y over the life of the mine.

The Karma project will produce 97,000 oz of gold per year. Visit TrueGoldMining.com for details of the project.


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