Luna Gold provides a development update on its Aurizona gold project
Luna's CEO, Jim Bahan, comments, "Our team continues to make excellent progress. The project remains within the capital investment estimated in the Feasibility Study and commissioning of the mills and gravity circuit is expected to start in the current quarter, using the diesel generators, with commissioning of the CIL plant remaining on schedule for the second quarter of 2010."
- Detailed engineering has been completed. - All major site preparation has been completed. - Tailings dam construction is expected to be completed before mid February. - Mechanical erection of the mill/gravity/elution building has been completed and equipment installation is in progress, as referred to below. All major mechanical equipment components, including reagents tanks, agitators, screens and pumps, are on site. - All mills have been installed and the installation of the drive, lubrification and hydraulic systems continues. Lining of the mills is in progress. The loading-grizzly structures are nearing completion and installation of the conveyor from the apron feeder to SAG mill is in progress. The receiving tank for the mills product, together with mill pumps, cyclones, gravity concentrators and screens are in place and work continues on the associated piping and electrical installations. - Construction of the CIL tanks continues with completion expected before the end of January. Installation of the top gantries has commenced. Completion of the CIL circuit is expected in the second quarter of this year. - Construction of the CIL and tailings thickeners continues for completion in the second quarter of this year. - The analytical laboratory has been operating on one shift since late November. A second shift is being trained. - Infill drilling, for production planning purposes, continues using the reverse circulation drill. - The stockpile patio has been essentially completed and stockpiling of ore has commenced. The laying of hard core continues on the access roads and the base of the stockpile. - The detailed project engineering report for the 69Kv power line has been completed and lodged with the State power utility. Approval is expected shortly. Construction and equipment supply bids are being evaluated. The main substation transformer has been ordered and will be delivered in February. - The standby generators are in shipment and scheduled to arrive at the port of Itaqui on the 15th January. The buildings for the generators and associated electrical control panels are essentially completed. All transformers for generator and process plant operations are on site.
About
Luna is a mineral exploration and development company engaged in the acquisition, exploration, and development of gold resources and advanced stage gold exploration projects in
On behalf of the Board of Directors LUNA GOLD CORP. Jim Bahan - CEO Website: www.lunagold.com
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