BRITISH COLUMBIA – Vancouver’s TASEKO MINES is refurbishing the solvent extraction/electrowinning (SX/EW) plant at its Gibraltar copper-moly mine near Williams Lake. The company plans to spend $3 million to get the plant operating again by the fall of 2006.
The mine reopened in October 2004 after being shut down for six years. Sulphide ore is treated in a conventional 35,000-tonnes/day concentrator. The oxide ore has been stockpiled since then, and will now be treated in the SX/EW plant. The SX/EW plant has a capacity of up to 7.0 million lb of copper cathodes annually.
The Gibraltar mine has 15.0 million tonnes of proven and probable oxide reserves in the Pollyanna and connector pits. The ore grades 0.148% Cu. Additional oxide resources were identified in 2003, and Taseko is preparing geological and engineering work in the hopes of creating another viable ore source.
The company’s news releases are available at www.TasekoMines.com.