Brief: Antilles Gold Says Testwork Proceeding For Concentrate Processing
09/01/2024 01:35
Jan 9 (Reuters) - Antilles Gold Ltd AAU.AX :
* TESTWORK PROCEEDING FOR CONCENTRATE PROCESSING
* COMMENCED TO PROGRESS PROPOSAL TO PRODUCE DORÉ FROM GOLD
CONCENTRATE PRODUCED BY LA DEMAJAGUA MINE
* ADDITIONAL CAPITAL COST FOR CONCENTRATE PROCESSING
FACILITY IN
LA DEMAJAGUA MINE IS EXPECTED TO BE IN ORDER OF US$50M
* CONCENTRATE PROCESSING FACILITY TO BE ADDED TO LA
DEMAJAGUA
PROJECT TO INCREASE LEVEL OF PRODUCTION OF GOLD-ANTIMONY-SILVER
CONCENTRATE
* TOTAL DEVELOPMENT COSTS FOR PROJECT ARE ESTIMATED TO BE
ABOUT
US$150 MILLION AT LA DEMAJAGUA MINE
Source text for Eikon: ID:nASX8DQ65Q
Further company coverage: AAU.AX
((Reuters.Briefs@thomsonreuters.com;))
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