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Troy granted mining licence in Guyana

9th February 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – Gold miner Troy Resources has been granted a mining licence at its Karouni gold project, in Guyana.

The miner said on Monday that it would proceed to advanced-stage project development, including plant construction and pre-strip mining operations.

“With the final stage of permitting now complete, and with all major components for construction on site, Troy is only a matter of months away from commencing production at Karouni,” said CEO Martin Purvis.

The opencut operation, which would have a mine life of three years, would produce on average 101 000 oz/y of gold, barring the first year in which 104 400 oz is expected.

Edited by Creamer Media Reporter

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