Production
Currently, the Company mines approx 75,000 tonne/year of ore from Q576 and Q470, producing approx. 0.4 tonnes of gold.
The Company will implement a two-year expansion plan which will double the Company's existing annual gold production output and improve the recovery rate.
New cynidation, smelting and separation facilities will also be installed to produce gold and silver bars, lead and sulphur concentrates, resulting in significant increase in profit margin. In addition, there will be additional income from tailings gold recovery and processing gold concentrates from surrounding mines.
Expansion study to target 1.7 tonnes/year of gold production will also be carried out.
