SBS sub-sahara resources nl

conceptual mine study due this month!

  1. 1,362 Posts.
    Conceptual Mine Plan Commences At
    Debarwa in Eritrea
    Asmara Joint Venture partner Sunridge Gold Corp. “Sunridge” has selected
    Vancouver based Beacon Hill Consultants 1988 Ltd. (“Beacon Hill”) to complete
    a Conceptual Mining Plan for the high-grade copper and gold Debarwa Project,
    that forms part of the Asmara Project in Eritrea.
    Work has already commenced on the study which is scheduled to be completed
    by February 2006 and the study will focus on two areas known as Debarwa Main
    and Debarwa South which were extensively drilled (over 14,000 metres) by Sub-
    Sahara for the joint venture during 2004.
    The conceptual mine study will examine many aspects of the Debarwa Project
    including: the geological model and the resources, conceptual engineering and
    mine plan, metallurgy and mineral processing options, capital and operating
    costs, financial analysis as well as environmental baseline data collection.
    Beacon Hill will also evaluate the possibility of “fast-tracking” Debarwa into
    production to benefit from the rise in commodity prices, the exceptionally highgrades
    and the excellent local infrastructure that includes paved roads and power
    lines that link the project to the capital city of Asmara 30 kilometres to the north.
    In addition, the joint venture partners believe that the size of the Debarwa
    Deposit can be significantly expanded along strike, to the north and south and
    down dip.
 
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