Welcome To The Etruscan Resources HUB On AGORACOM
Edit this title from the Fast Facts Section
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - MONDAY MAY 28TH, 2012

SONOMAX completes $3 million equity financing

Caisse de dépôt et placement du Québec contributes a significant portion of financing

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Etruscan's Youga Gold Mine produces over 6,500 ounces in September

Teedot
Rank: [?]
Vice President
Points: [?]
1702
Rating: [?]
Votes: 33 Score: 3.2
  • Currently 3.2/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Etruscan's Youga Gold Mine produces over 6,500 ounces in September

posted on Oct 08, 08 10:50AM
Etruscan's Youga Gold Mine produces over 6,500 ounces in September
Wednesday, October 08, 2008 8:46 AM

HALIFAX, Oct. 8 /CNW/ - Etruscan Resources Inc. (EET.TSX) reported today that its Youga Gold Mine located in Burkina Faso, West Africa poured in excess of 6,500 ounces of gold in the month of September representing 98% of the design output of 6,700 ounces per month. With the Youga Mine now stabilizing, Etruscan is focusing its attention on optimizing the operation and increasing production. Etruscan has recently retained the services of the Jamieson Group (www.jamiesonconsulting.com.au), a leading operational improvement firm specializing in mining operations, to assist in identifying areas where productivity improvements can be made.

The production statistics for the third quarter 2008 and the month of September follow:

-------------------------------------------------------------------------
Q3 2008
-------
June to August September(x)
-------------- ------------
-------------------------------------------------------------------------
Tonnes Milled 183,851 74,976
-------------------------------------------------------------------------
Head Grade (g/t) 2.43 3.51
-------------------------------------------------------------------------
Gold Poured (oz) 11,790 6,572
-------------------------------------------------------------------------
(x) Note: Production numbers are preliminary and are subject to final
adjustments

Mining is currently being carried out from two pits: the A2 Main and the West Pit Zone 1. The West Zone 1 pit is a higher grade, low strip orebody which started production in August and will continue to allow for the steady improvement of gold production over the coming months.

The Youga Gold Project is comprised of open pit mining from five pits with the ore being processed though a conventional CIL/gravity plant having a design capacity of one million tonnes per annum. Mineable reserves are 6.6 million tonnes with an average grade of 2.7 grams per tonne containing 580,000 ounces of gold. The project benefits from a year-round water supply from a nearby major river system (the White Volta) and access to grid power supplied via the northern grid of the Volta River Authority in Ghana is forecast for fourth quarter 2008.

New Message

Please login to post a reply

AGORACOM Quick Tips

Small & Micro Cap 2.0 Blog by George Tsiolis ... Read it Now

President's D.D.

New feature: Hub Presidents can add important links here.