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Continental Gold Buritica Project Update

Mining News - Published on Thu, 28 Nov 2019

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Continental Gold Inc has provided a project update for its Buritica project in northwestern Antioquia, Colombia. Construction of the project remains on schedule for mechanical completion in Q1 2020, ramping to commercial production approximately six to nine months thereafter. Continental Gold CEO Mr Donald Gray said "We continue to be very pleased with Buritica’s progress. Our mine crews have been consistently exceeding planned development with monthly advance topping 1.5 kilometres in October, the highest monthly advance to date. Mill facilities construction-in particular piping, electrical and instrumentation-are advancing rapidly for mechanical completion, and we have already begun pre-commissioning in a number of areas. Our mine development and mill construction progress has positioned us well to achieve our 2020 goal of mechanical completion in Q1 and commercial production six to nine months thereafter. Comprehensive production mining and mill operations training are underway for our local workforce. We are very confident our crews will continue meeting the challenge to work safely and efficiently for this world-class operation."


Mill facilities construction was 88 percent completed as of October 31, 2019

Major milling equipment installation has been completed with piping, electrical and instrumentation advancing well

Acceleration of underground development continues; Continental's mine crews achieved over 1.5 kilometres of lateral development in October, the highest monthly advance to-date

Total lateral development advance is 19,800 metres, including ramps, sublevels and ore development

Pre-production stockpile of 81,200 tonnes averaged 7.2 g/t gold at the end of October 2019 and is anticipated to continue increasing by approximately 10,000-15,000 tonnes per month

The 110-kV powerline construction was completed in Q3 2019, with line and minesubstation energization in November

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Posted By : Rabi Wangkhem on Thu, 28 Nov 2019
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