General Metals Corporation (OTC.Q: GNMT) announced today that it has begun the process of soliciting quotations from global vendors for pricing on the metallurgical processing and gold recovery equipment and systems it will need as the its Wilson Independence gold project is put into production. The Company will use contractors to mine using open pit mining methods. The heap leaching process facilities and equipment necessary to initially capture the gold in solution as well the equipment used in subsequent stages of gold recovery including carbon columns, pumps, stripping circuits, electro-winning circuits and furnaces is being solicited. In addition the Company intends to set up an atomic adsorption lab at the mine site.
Daniel J. Forbush, Company President and CEO, noted "A search for the best match in equipment is underway which will have a significant impact on the return on investment on this project. Our understanding of the Independence has progressed to the point where we now have a pretty comprehensive indication of how we will be able to recover gold and silver from our mineralization. This is great news for all our shareholders and partners. Thanks to the diligent efforts of the management team and our expert outside consultants we can now define with some certainty the types and capacity of the equipment we will need to produce and sell gold from our property."
About General Metals Corporation: General Metals Corporation is an aggressive junior minerals exploration and development company, based in Reno, Nevada. The Company is actively exploring and developing its 100% controlled Independence property strategically located in the prolific and highly prospective Battle Mountain Mining District of Nevada.
