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Post by Franko10 ™ on Oct 13, 2004 20:37:30 GMT -5
NEW YORK - St. George Metals Inc., a Houston-based gold mining company, has completed construction and begun heap-leach operations at its Dean underground mine in Battle Mountain, Nev., and expects to recover 20,000 tons of ore through Jan. 31.
The mine's newly completed three-stage crushing system achieved its designed throughput of 50 tons an hour during the last week of October. In preceding weeks, with crushing system operations delayed by component procurement problems, St. George used the completed plant elements to process concentrate obtained by crushing some 2,000 tons of Dean ore at another location.
"With the entire system now operating, we expect to process and recover the total 20,000 permitted tons of Dean ore by Jan. 31, 1993, with an estimated yield in excess of $3 million," Neal O. Wade Jr., chairman and chief executive officer, said.
The company also expects to file permanent processing permit applications in mid-November, proposing construction of additional leaching pads in 60,000-ton increments, as needed, and utilizing the existing milling plant facilities, Wade said.
COPYRIGHT 1992 Reed Business Information COPYRIGHT 2004 Gale Group
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