Alamos Minerals Ltd.: Bulk Test Production Commences At San Antonio Mine.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 1, 2000 Alamos The name Álamos can refer to the following:
See Canadian Venture Exchange (CDNX). :AAS.) A shipment of gold-in-carbon containing an estimated 300 ounces has been made to a custom stripping facility in Idaho. This shipment was derived from leaching leaching, method of extraction in which a solvent is passed through a mixture to remove some desired substance from it. A simple example is the passage of boiling water through ground coffee to dissolve and carry out the chemicals necessary for producing the beverage. a 27,000t test heap. It has been estimated that about 27% of the contained gold in this heap was placed into solution in the first thirty days of leaching, with about 10% of this 27% being collected in the carbon. Percolation percolation /per·co·la·tion/ (per?kah-la´shun) the extraction of soluble parts of a drug by passing a solvent liquid through it. in this first test heap has been found to be relatively slow, in part caused by the relatively large amounts of fines which resulted from the ripping (1) Converting an audio CD from its native CD-DA format to MP3, AAC or some other compressed audio format. When the term was coined, it had a perverse meaning. Many loved the idea they were "ripping off" the music industry by making copyrighted works available in a compact format and dozing mining method used. This relatively poor percolation will undoubtedly extend the time needed to completely leach out the heap. On the other hand, the large amount of fines should assist in the achievement of a better than usual leaching recovery percentage. The ores were obtained by mining the outcrop of the California orebody. Roughly 100,000t of open pit mineable and heap leachable mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. are currently planned to be mined at this site. The California mineralization extends much deeper and further horizontally than the presently planned pit. The San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. is being operated under an agreement with Zaruma Resources Inc. (formerly Laminco Resources Inc.) whereby Alamos can earn an initial 35% equity on the property upon delivery of a favourable feasibility report. A further 35% equity can be earned by expending a total of $4 million on the property. Since cash derived from the property and reinvested in the project counts towards the $4 million, Alamos believes the earn-in will be largely self-financed. The consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a of Kappes Cassiday has been hired to assist in the creation of the initial feasibility report which will use open pit mining and heap leaching Heap leaching is an industrial mining process to extract precious metals and copper compounds from ore. Process The mined ore is crushed into small chunks and heaped on an impermeable plastic and/or clay lined leach pad where it can be irrigated with a leach solution to of the California orebody as its basis. Alamos sees no need to do a lot of drilling in order to confirm what Zaruma has already stated as overall potential of the property. However, close-centered drilling will be needed to guide mining activities. A 20,000t expansion of the current leaching site has commenced with the view to maintaining production as well as to try to improve leaching rates. The first test heap was built during periods of wet weather and packing the material with machinery no doubt occurred. The next 20,000t will be stacked at a lower height and in a different way. The current leaching site is about 7 kms. from the mine. A site capable of holding as much as one million tonnes of ore has been identified considerably closer to the mine. Planning is now underway for the permitting of this site. Alamos has approximately US$500,000 in treasury and believes the San Antonio project is close to becoming self-financing. Currently, no additional sources of financing are being contemplated. On behalf of the Board: Chester F. Millar, Chairman & President The CDNX has neither approved nor disapproved the information contained in this news release. |
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