Zoloto Resources Ltd Participates in Processing
Post# of 7848
Posted On: 06/17/2014 6:52:59 AM
Zoloto Resources Ltd Participates in Processing
of a Large Tailings Project
News:
One
Zoloto Resources Ltd (PINKSHEETS: ZRSCF) with milling operations in Ecuador has started a second phase of its operations. The Company has begun contracting with small independent miners to process their ore and tailings. Portable concentrators are being used to produce concentrate for the mill. The portable concentrators are very efficient and suited for the recovery of precious metals from stamp and ball mill products, dump tailings, rubble beds and alluvial sands.
May 06, 2014
April, 25, 2014
Zoloto Resources Ltd Starts Operations in Ecuador
Zoloto Resources Ltd (PINKSHEETS: ZRSCF) has expanded its operation into Ecuador. The Company has acquired 49% of the Zumba Mill in Ecuador. The Zumba Mill is located in northern Ecuador. It has the capacity to process 50 tons of ore per day. It is projected that the average head grade for the next six months will be 7 grams per ton. The Zumba mill also does contract milling for miners who do not have milling capacity. The milling capacity of the mill is expected to increase to 100 tons per day by October 2014.
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Five
May 19, 2014
Zoloto Resources Ltd Begins Next Phase of Operations
Zoloto Resources Ltd., (PINKSHEETS: ZRSCF) has agreed to participate in the processing of a large tailings pile. Analysis indicates that the tailings have up to 142,000 gms (4580 ozs) of recoverable gold. Zoloto will supply its portable concentrators and mill to process the tailings. Analysis indicates that the grade of gold can be as high as 15 gms per ton and will average a minimum of 5 gms per ton. It will take approximately 12 to 14 months to process this first project. It is projected that based on current gold prices that this initial project will generate $5,954,000 in revenue.
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