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Ressources Appalaches Files its Mine Plan with Provincial Regulators
RIMOUSKI, QUEBEC--(Marketwired - Aug. 20, 2013) - Ressources Appalaches (TSX VENTURE:APP) is pleased to report on the filing of the Dufferin gold mine plan with the provincial regulators and the further progress of the rehabilitation of the underground galleries and the advancement of the refurbishment of the milling installation at its' 100% owned Dufferin gold mine in Nova Scotia.
The mine engineering team has finalised the mine plan and the required geotechnical studies associated with the scheduling of the first veins where we intend to begin mining operations in the coming months. The mine plan along with the underground ventilation, electrical and ground control plans as well as the mining schedule were presented to the provincial regulators for their internal review process.
The rehabilitation of the underground galleries and the refurbishment of the milling installation continues to progress with the purpose of resuming gold production in the coming months. To date, all redundant mill equipment have been removed to prep for the arrival of the flacon concentrator, screen and filter press. The gold room area has also been prepped for final design layout, while works on the ball mill progresses. Finally, the dewatering of the underground galleries has advanced to level 3, while the rehab following up close behind the dewatering.
In accordance with its compensation policy and stock option plan the board of directors of Ressources Appalaches granted 300,000 stock options to Mr. Jose Oro newly named on the board (press release of June 26, 2013) with an exercise price of $0.10. The options are valid for a period of five years.
Tracking our Progress
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