YUKON - SHERWOOD COPPER of Vancouver says construction at its Minto copper-gold project is approximately 50% complete. Also, waste prestripping for the pit is more than 60% complete at the wholly owned project 240 km north of Whitehorse. The Minto mine is expected to reach production in Q2 2007.
In recent weeks, the SAG and ball mills have been placed on their foundations, and flotation cells, water tanks, the tailings thickener, concentrate storage tank and other equipment have been set in place within the mill building. Substantial progress has been made on the mill building. The MCC electrical room is almost complete and electrical control panels installed. Three 1.4-MW diesel generators have been delivered to site and are operational, providing power during construction. The concentrate storage shed and water retention dam are also nearing completion.
Sherwood has reached agreement with YUKON ENERGY CORP. for the provision of grid power to the project. Currently, the Whitehorse-Aishihik-Faro electric grid terminates just north of Carmacks and, if approved, the transmission lines would be extended via a 138-kV line to Minto Landing and a 35-kV line to the project.
Click www.SherwoodCopper.com/slideshow to view a slide show of the development progress being made at the Minto project. Photos are also available in the press release dated Dec. 20, 2006.