Troy advances Guyana gold project
PERTH (miningweekly.com) – Dual-listed gold miner Troy Resources was advancing its West Omai gold project, in Guyana, revealing on Tuesday that it had acquired a second-hand 3.2 MW grinding mill.
The mill package included all electrical, ancillary equipment and peripheral parts to operate, as well as structural steel and platforms and substantial spare parts.
“We are extremely pleased to have been able to acquire this long lead item for the West Omai project. Troy has established a track record over the years of building mines quickly and at low cost by using second-hand equipment where appropriate,” said CEO Paul Benson.
He noted that although currently installed at a mine site in North America, the mill had never been used.
“The mill acquisition enables us to finalise the detailed engineering of the remainder of the processing facility. The design concept is based on a staged development of the project to minimise risk and capital requirements, while retaining flexibility to increase processing rates over time."
Benson added that the initial stage would see throughput in excess of 600 000 t/y.
The required crushing equipment has also been identified and would be acquired over the next six months.
“We remain on track to complete the project scoping study in December and the prefeasibility in the first half of 2014,” Benson said.
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