RE:Update would be nice
refresh our memory.. According to CEO Brian Wesson, the work at the Raahe gold mine will start next year. - This year, the mine will have contractors who will start work to prepare for the restart. Otso Gold's thtin now next spring TIMO MYLLYKOSKI OtsO Gold Oy, the current owner of the Raahe gold mine, has had to breach its schedule target for resuming mining operations. The company continues to announce on its website that the gold mine will resume operations in July 2020. However, this has not happened and will not happen later this year. Otso Gold's CEO Brian Wesson says that the company's goal is now next spring. We will move back to 94,000 ounces of production in April 2021, he says. Test drilling has been done and is still being done at the LAIVAKANKA mine. They will help the company work out a new mining plan. According to Brian Wesson, 1,900 meters have been drilled by now and another 8,100 meters are to be drilled. Wesson still believes Otso Gold will get the gold mine back into production. It has taken time to reorganize the company, but now we are focusing on the technical store, the development of a new mining plan, and the feasibility of a restart. Otso Gold's goal is to mine 6,000 tonnes of ore annually, assuming that there are 1.55 grams of gold per tonne of ore. According to the CEO, the MINING COMPANY has recently invested over eight million US dollars in its mine. Last week, it was rumored in Raahe that a potential foreign buyer would have visited the Laivakangas mine. However, Wesson dashed the rumor. He says the mine is definitely not for sale. - We have funds to complete the drilling. Foreign investors make checkpoints before financing, he says. The Northern Ostrobothnia ely-keykus took the Otso Gold mine under special monitoring in the spring and paid the company's bills from state funds. Wesson does not give a direct answer as to what the situation with regard to shk invoices is now. -Ely has provided assistance in restarting the mine, while bringing a huge benefit to the area, he notes.