Scotgold Resources Ltd said it had maintained the rate of gold production at the Cononish gold-silver mine in Tyndrum, Scotland.
OPERATIONS
The company has also completed the first ball mill reline and started preparing plans for 2022
PRODUCTION
“Around 64 tonnes of concentrate were produced during October,” said the company in a statement.
“The concentrate grade is similar to September production, equating to around 600oz of contained gold and >2,450oz of contained silver total production for the month.”
“With the mill reline now completed, Scotgold is very well positioned to continue ramping up its gold production output towards design throughput for phase one, being 973oz per month until the end of 2021.”
The company added it expected production for the remainder of 2021 to be within the guidance range of between 1,300oz and 1,950oz of gold production for November and December combined.
Gravity gold production is on course for delivery to the refiners during December.
2022 PLANS
The company added it was preparing the operational, financial budget and strategic plan for 2022, which will include increasing the production rate and process facility gold output.
Initiatives will include mapping a new area to start cut and fill stope mining, installation of a tailing’s thickener prior to the tailings filter to achieve higher throughputs, and continuing working on the feasibility of installing an ore sorter between the crushing and milling stages.