Zoloto Resources Ltd. Begins Operations in Ecuador
Business Wire - Tue Nov 04, 1:20PM CST
Zoloto Resources Ltd. (OTC Pink:ZRSCF) with milling operations in Ecuador has begun milling operations on its Zumba project. The mill is processing 30 tons of ore per day with an average head grade of 3gms per ton ($87075.00 per month). It is expected that based on independent testing that the head grade will increase to an average of 6gms per ton which will generate 154 ozs of gold per month ($184,000 per month). The capacity of the mill is 100 tons of ore per day. The company expects to reach this level of production by March 2015. The Company will also generate additional revenue through contract milling with independent miners. The Company will continue pursuing milling opportunities in Ecuador.
Research Report Published on Zoloto Resources Ltd
Marketwire - Wed Jun 18, 12:39PM CDT
Zoloto Resources Ltd (PINKSHEETS: ZRSCF) with milling operations in Ecuador is pleased to announce that the Wall Street Corner has written an independent research report on Zoloto and posted it on WallStreetCorner.com. The report independently reviewed the operations of the Company in Ecuador and the future potential of the company.
Zoloto Resources Ltd Completes Independent Testing
Marketwire - Thu Jun 12, 6:01AM CDT
Zoloto Resources Ltd (PINKSHEETS: ZRSCF) with milling operations in Ecuador, has completed independent analysis of the initial tailings pile for the Zumba mill. The mill was designed to be economical based on a minimum head grade of 2.5 gms of gold per ton which would generate 2 kilograms (63 ozs) of gold per concentrator per month. The independent analysis showed that the head grade will average 6.1 gms per ton which will generate 5.0 kilograms