Announcement, today:Purchase of Key Plant for Stage 2"The...

Announcement, today:
Purchase of Key Plant for Stage 2

"The Company is pleased to announce that it has purchased a key component for the Stage Two expansion strategy. A Gekko Model 10,000 Intense Leach Reactor and In Line Pressure Jigs have been purchased from Celtic Resources Holdings PLC. The
unit is new and was previously intended to be transported to Celtic Resources Nezhdaninskoye Gold Mine in Russia. The plant is currently containerised in Australia and is awaiting immediate shipment to Armenia.

The Intense Leach Reactor (ILR) and In Line Pressure Jigs are a key component of the Stage Two expansion strategy and will allow the Company to not only increase throughput but will also significantly increase gold and silver recoveries.

The availability of this equipment allows for uninterrupted transition from land acquisition activities into construction. The ILR will complement the CIL facility, the construction of which will commence shortly after the ILR comes on line".

http://sa.iguana2.com/cache/e21797ff231b1ecb13d44b73ecf142f9/ASX-IBR-351705.pdf