Crystallex announces steady state gold production at its Albino property in the kilometre 88 district, Bolivar State, Venezuela.VANCOUVER, BC--(BUSINESS WIRE)--Dec. 12, 1994--Crystallex International Corporation ("Crystallex") announced today that steady state gold recovery has been achieved at its Albino albino (ălbī`nō) [Port.,=white], animal or plant lacking normal pigmentation. The absence of pigment is observed in the body covering (skin, hair, and feathers) and in the iris of the eye. mine located in Bolivar State, Venezuela. Dore bars will be poured on a 24 to 36 hour cycle on a continued basis. The dore bars will range from 2.5 to 5.0 kilos depending on ore grade Ore grade is a measure that describes the concentration of a valuable natural material (such as metals or minerals) in its surrounding ore. Ore grade is used to assess the economic feasibility of a mining operation: the cost of extracting a natural material from its ore is directly and tonnage put through the mill. Tonnes processed through the mill will reach 400 per day in December, 1994 and ore grade will continue to increase over the next two months to 10 to 12 grams per tonne. Crystallex is engaged in the exploration, development and mining of gold in Venezuela where the Company has three major concessions - the Albino, Carabobo and Santa Elena Santa Elena, the Spanish-language name of Saint Helen, is often used as a toponym in parts of the world where that tongue is or was spoken:
On Behalf of the Board: "W. GLEN ZINN", President & C.E.O. -0- The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy of this news release. CONTACT: Crystallex International Corporation Crystallex International Corporation (TSX: KRY, AMEX: KRY) is a Canadian corporation engaged in gold mining and exploration. It operates open-pit mines and exploration sites in Venezuela. W. Glen Zinn, 604/683-0672 |
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