GOLD: True Gold provides update on Karma construction

BURKINA FASO – True Gold Mining of Vancouver says construction at the Karma gold mine 185 km northwest of Ouagadougou is proceeding. The placement of ore on the heap leach pads is scheduled for early 2016, and the first gold pour...

Topics

Commodities

Regions

Tags

Companies

BURKINA FASO – True Gold Mining of Vancouver says construction at the Karma gold mine 185 km northwest of Ouagadougou is proceeding. The placement of ore on the heap leach pads is scheduled for early 2016, and the first gold pour anticipated by the end of Q1 2016.

Over the past four weeks the raw water pond excavation has been completed and burying of the associated pipeline began. Digging started on the storm water pond and the pregnant leach solution pond. Assembly has commenced on the crusher and structural steel for the ADR (adsorption, desorption and refining) plant. The stripping of the first leach pad cell is also finished.

The mining fleet has been commissioned. It consists of six Komatsu 785 trucks, a Komatsu PC300 excavator and a Komatsu WA800 loader.

Work to be done in the near future includes assembling the assay lab, gold room steel and cement silos, said True Gold. The commissioning of the remaining three generators and completion of the power plant is also expected soon.

The Karma project is designed to produce 97,000 oz of gold annually over an 8.5-year mine life. The property has five deposits containing more than 3.0 million oz of gold. The indicated in-pit resource is 75.2 million tonnes at 1.08 g/t Au, and the inferred resource is 17.5 million tonnes averaging 1.25 g/t Au.

True Gold has recently updated the gallery of construction photos at Karma. See them by clicking here

Comments

Your email address will not be published. Required fields are marked *

May 06 2024 - May 07 2024
May 13 2024 - May 14 2024
May 13 2024 - May 14 2024
May 21 2024 - May 23 2024