Argonaut Gold Inc. (TSX: AR) has announced the introduction of ore to the grinding circuit as it ramps up work toward the first gold pour at the Magino Mine, with the introduction of ore into the crushing circuit on 13th May, the grinding circuit on 19th May, and its first gold pour by mid-June.
The initial 48-hour run of the mill has been completed, and milling is scheduled to resume on 4 June.
“Initial results during commissioning indicate that throughput targets in the crushing and grinding circuits should be easily achieved, and the team is now working on achieving design availabilities as we work through instrumentation, electrical, and communications issues that are common in the startup of a process plant of this size,” stated Chuck Hennessy, VP of Canadian Operations.
The open pit mine and conventional carbon-in-pulp processing plant are in northern Ontario, Canada. The project was acquired in 2012 and is wholly-owned. The historic production at the site was 114,319oz Au from 803,135t grading 4.43g/t Au.
The company is works closely with Ausenco Engineering Canada Inc., its engineering, procurement, and construction manager, to proactively and systematically progress through the anticipated challenges that are common during the commissioning phase.
“The tailings commissioning is complete, and all operating permits have been received to operate the plant and tailings management facilities. Overall, the ramp up to commercial production remains on schedule and is expected in the third quarter,” Hennessy added.
The company is in the final stages of construction at its Magino Mine, located in Ontario, Canada. Magino is expected to achieve commercial production in the third quarter of 2023 and become Argonaut’s largest and lowest cost mine.
For further information, please visit: www.argonautgold.com/
