GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) is pleased to report that the previously announced SART project has been successfully installed and commissioned at its Parral Tailings facility located in Chihuahua, Mexico. The SART plant is providing important economic and technical benefits to the Parral facility. The main economic drivers are the recovery of a high-grade saleable copper sulfide product, the re-generation of cyanide, which is the largest single operating cost at Parral, and improve the leaching efficiency of the heap.
“Our team at Parral has successfully adapted agglomerated heap leaching to old mined waste at Parral, and the SART is a further optimization of this innovation. The operation produces low cost gold and silver ounces while providing environmental remediation for the town of Parral. We see this expertise which we’ve developed over the last 6 years of operation as a real asset to the Company that may be applicable to the millions of tonnes of mined waste in Mexico and beyond,” said Brad Langille, President and CEO.
The commissioning phase began late January, and steady production was reached early March. The plant is currently operating as intended producing copper sulfide precipitate and re-generating cyanide. This has reduced the need for purchased cyanide by more than 20%, or approximately $200,000 in the month of March. The revenue attributed to the copper sulfide precipitate is offsetting the costs of operation of the SART plant.
The company contracted BQE Water of Vancouver, BC to design, construct and commission the plant, with local suppliers fabricating major components. BQE is a world leader in the installation and operation of SART plants.
Mr. Robert Harris, P.Eng. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release.
About GoGold Resources
GoGold Resources is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings project in the state of Chihuahua and has the Los Ricos exploration project in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects.
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We acknowledge the [financial] support of the Government of Canada.