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Red Tiger Mining Inc RDTMF

Red Tiger Mining Inc is a Canadian copper and near-term gold producer. It is mainly engaged in copper cathode production, and in the exploration and development of copper and gold projects. The company owns an interest in San Antonio Property, Luz del Cobre Project, and Sapuchi Gold Project.


GREY:RDTMF - Post by User

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Post by 2loonieson Jul 19, 2012 10:05am
137 Views
Post# 20130259

News not great but at least news

News not great but at least news

Red Tiger Reports Rain Damage at Luz del Cobre

TORONTO, July 18, 2012 /CNW/ - Red Tiger Mining Inc., (TSXV-RMN), today reported that an unprecedented rain storm at the Luz del Cobre copper project site in Sonora, Mexico on July 16 caused some erosion of the stacked ore on the leach pad and some damage to the pipeline to the solvent extraction plant and irrigation lines on the leach pad itself. In three hours, 128 mm of rain was recorded, compared to a normal average rainfall of 160 mm for the entire month of July.

Leach solution from the pad was contained in the pregnant leach solution pond, supported by the overflow pond. There was no leakage to the environment, and there was no damage to the open-pit mine or buildings and equipment on site.

Work has started on the pipeline inspection before it is tested and put back into the recycling process between the leach pad and the solvent extraction plant. Crushing and stacking to fill erosion channels and areas where there were partial collapses of ore lifts is expected to commence within two weeks.

The effect of the rainstorm will be to reduce production for several weeks.

Red Tiger is listed on the TSX Venture Exchange (symbol "RMN"). Common share

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