CLOs on the Move

Sandspring Resources Ltd is a Canadian-listed junior gold mining company leading the responsible development of South America`s emerging western Guyana gold district. Focused on bringing into production its 100%-owned 4.1 million ounce Toroparu Gold Project, Sandspring continues to explore its 98,214-hectare concession with the aim of realizing the geologic potential of this highly prospective, mining-friendly jurisdiction. The Toroparu Gold Deposit lies within a mineralized corridor that is approximately 2.7 km long, 200 m to 400 m wide, and over 400 m deep. Ore from the deposit will be mined from a conventional open pit that the Company expects to have operational ...

Sandspring Resources Ltd is a Canadian-listed junior gold mining company leading the responsible development of South America`s emerging western Guyana gold district. Focused on bringing into production its 100%-owned 4.1 million ounce Toroparu Gold Project, Sandspring continues to explore its 98,214-hectare concession with the aim of realizing the geologic potential of this highly prospective, mining-friendly jurisdiction. The Toroparu Gold Deposit lies within a mineralized corridor that is approximately 2.7 km long, 200 m to 400 m wide, and over 400 m deep. Ore from the deposit will be mined from a conventional open pit that the Company expects to have operational by 2016. The ore processing facility will consist of separate leaching and flotation circuits that produce both gold doré bars that will be flown off-site, and gold-bearing copper concentrates for shipment to a custom smelter. This facility is expected to process an initial throughput of 19,000 tons per day, and increase to 22,500 tons per day in its fourth year of production.

More>>

<<Less