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Parral tailings project, Mexico

25th October 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Parral tailings project, Chihuahua state, Mexico.

Client
GoGold Resources.

Project Description
The Parral tailings project is host to a large tailings repository that has remained after more than 300 years of operations at the historical Mina La Prieta silver and base metals mine. The tailings were deposited in two separate areas, referred to as Zone 1 and 2. Inefficiencies in older recovery methods have left significant amounts of gold and silver in the 21.3-million tonnes of tailings, which GoGold plans to recover.

The prefeasibility study (PFS) completed on the project defined a reserve of 35-million silver equivalent ounces and a life-of-mine of 12 years, with an average yearly production of 1.8-million silver equivalent ounces – 1.2-million ounces of silver and 11 000 oz of gold. The mine production is planned at 5 000 t/d of tailings on a conventional heap leach.

Value
The study estimates an initial capital cost of $35-million.

Duration
Not stated.

Latest Developments
MDM Engineering Group has been awarded the front-end engineering and design (Feed) contract for the Parral tailings project.

The project will proceed directly into execution following the completion of the Feed.

Key Contracts and Suppliers
MDM Engineering Group (PFS and Feed).

On Budget and on Time?
Not stated.

Contact Details for Project Information
GoGold Resources, tel +1 902 482 1998, fax +1 902 442 1898 or email sean@gogoldresources.com.
MDM Engineering Group, tel +27 11 993 4300.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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