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Thor expects first gold pour at Segilola by finish of July

CryptoGuru by CryptoGuru
July 20, 2021
Thor expects first gold pour at Segilola by finish of July
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Remaining work on the challenge is targeted totally on the gold room, elution and electrowinning circuit, energy connection, instrumentation and management installations, the corporate added.

The method plant is being commissioned in phases, with commissioning having already began on the energy plant. Commissioning of the SAG & ball mills and the crushing part will observe.

Mining is at present underway, with 700,000 tonnes of waste mined and 30,000 tonnes of ore stockpiled in preparation for course of plant commissioning. The pit is totally ready for mining operations, with pre-strip nearing completion.

The mining fleet is now totally commissioned, and manufacturing is predicted to shortly ramp as much as its design capability, Thor acknowledged in Monday’s information launch.

All the mandatory permits are in place and blasting operations have began as the corporate strikes into the tougher transitional and recent ore zones.

Shares of Thor Explorations have been down 9% by 11:30 a.m. in Toronto. The Africa-focused gold miner has a market capitalization of C$186.9 million.

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