Gold pour next week
Yesterday news release on Sedar indicates gold pour within a week. C
QR Mine and Mill
Mr. Kevin McMurren, Mine Manager, reports: There are approximately 6,000 tonnes of ore in the mill
stockpile remaining to be milled. Repairs have been completed on the secondary ball mill and as a
result, throughput has increased. The detox circuit repairs have also been completed and chemicals are
now being added to recover the gold from the leaching/CIP (carbon in pulp) circuit. In addition gold is
being recovered through the gravity circuit daily. In a couple of days, the mill will ramp up from one 12
hour shift to two 12 hour shifts per day. Legal_20312206.1
Roktek Services Inc. will start dewatering of the underground January 18th. This is expected to take less
than one week. Underground mining will commence after the dewatering is completed. Two headings
will be driven to two planned stopes. This will provide approximately 15,000 tonnes of additional mill
feed.
The Company expects to be pouring gold dore bars in one week and to receive revenue from the sale of
such one week thereafter. The revenues received from the sale of the gold dore bars is expected to
provide additional working capital to the Company through April 2013.
Some terminology explain
‘’ Bars
Most major gold mines process their gold-bearing ore at the site of the mine, producing low purity ‘dore’ bars and are sent to gold refineries for upgrading into tradeable bars of high purity (99.5% or more). ‘Dore’ bars are normally large, some weighing as much as 25 kg.
Stoping is the removal of the wanted ore from an underground mine leaving behind an open space known as a stope.[1] Stoping is used when thecountry rock is sufficiently strong not to cave into the stope, although in most cases artificial support is also provided. As mining progresses the stope is often backfilled with tailings, or when needed for strength, a mixture of tailings and cement.
In the past stoping took place with manual tools or by fire-setting; later gunpowder was used, and from the 19th century various other explosives and power-tools came into use.
In old mines, stopes frequently collapse at a later time, leaving craters at the surface. They are an unexpected danger when records of underground mining have been lost with the passage of time.