Mundo Minerals Limited (ASX: MUN – “Mundo”) is pleased to advise that it has completed the maiden gold pour at its 100%-owned Engenho Gold Mine in Brazil....
The Engenho Gold Mine is now assessed as being fully operational, completing Mundo’s transition to full production and cash flow....
Plant availability continues to be excellent and mine development is approximately 9 months ahead of actual mining, ensuring that maximum flexibility of access to the ore body is maintained.
Decline development has progressed to enable the main Engenho ore body to be accessed under the existing open pit, with the second level from this access currently being developed. This will enable current production from the existing open pit wall to be supplemented by production from the primary underground orebody over the next two months.
The successful commissioning of the Engenho Project and maiden gold pour represent significant milestones for Mundo Minerals, establishing the Company’s first production asset and providing a strong foundation for its growth strategy in South America..."
From today's ASX release.
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