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CNMC - RECORD GOLD BARS PRODUCED
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Goodpicks12
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01-Oct-2013 07:48
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http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=1012210#.UkoNvManBi0 CNMC Produced A Record 3,419.51 Ounces of Gold Doré Bars In The Month of September 2013 The board of directors (the ?Board?) of CNMC Goldmine Holdings Limited (?CNMC? or the ?Company?) is delighted to report that the Company?s Sokor Gold Project produced 3,419.51 ounces of gold doré bars1 in the month of September 2013, which is the highest record for monthly output since the start of gold production in July 2010. The Company attributes this improvement in production to: 1) Higher gold grade ore processed in the first leach yard 2) The commencement of production of the second leach yard and 3) Enhancements made to the leaching process which included improving the ore selection process, the management of leach operations, the application of leaching chemicals through the combined expertise of the Company?s and China National Gold Group Corporation?s teams. In line with the Company?s strategy of ramping up gold production, construction of a third leach yard is in progress and is expected to be completed by the fourth quarter of 2013. |
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