RE:RE:Brazil Gold Alta Floresta Gold started processing alluvial gold mineralization in the Baldo zone in June 2015 with modest gold production to date.
Equitas Resources intends to embark on a three phase development plan at the Cajueiro Property. First, the Company plans to install a small gravity plant to process the saprolite mineralization at the Baldo zone.
Once permits and the necessary supply agreements are in hand, the second phase of the plan envisions the construction of a carbon-in-leach plant between the Baldo and Crente zones. These two zones are less than 1 km apart. Initial metallurgical test work indicates that in excess of 85% gold recovery can be achieved through gravity separation and cyanide leaching.
The third phase would be to increase production at the Cajueiro Project under a full production licence. The Company expects that this could be funded through operating cash flow.
imo This is all well and good but I think the market still has their sights on Garland