Posted On: 09/05/2013 8:54:57 AM
Post# of 143
Mining operations finally coming:
The Definitive Agreement, which was entered into on February 26, 2013, originally stated that Trulan will have 16 months from the date of signing in which to complete the construction portion of the pilot plant prior to initial mining and processing of the ore bodies on the property. The amendment to the agreement extends this period of time from 16 months to 32 months. Additionally, a further 90 days will accommodate mechanical and process testing of the infrastructure on a ramp-up basis to ensure that mining operations proceed as planned.
The Definitive Agreement, which was entered into on February 26, 2013, originally stated that Trulan will have 16 months from the date of signing in which to complete the construction portion of the pilot plant prior to initial mining and processing of the ore bodies on the property. The amendment to the agreement extends this period of time from 16 months to 32 months. Additionally, a further 90 days will accommodate mechanical and process testing of the infrastructure on a ramp-up basis to ensure that mining operations proceed as planned.
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