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Altamira Gold Hires Experienced Mine Operator to Manage Construction of Processing Plant at Cajueiro Gold Project
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2020) - Altamira Gold Corp.'s (TSXV: ...
About this update from Altamira Gold Corp
[{"type":"text","content":"Altamira Gold Hires Experienced Mine Operator to Manage Construction of Processing Plant at Cajueiro Gold ProjectVancouver, British Columbia--(Newsfile Corp. - June 18, 2020) - Altamira Gold Corp.'s (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF) (\"Altamira\" or the \"Company\") is pleased to announce the appointment of Mr. Edgar Barrios as senior mining consultant and provide an update on progress regarding the development of the Cajueiro Gold Project located in the state of Mato Grosso, Brazil. Highlights:Altamira has hired Edgar Barrios to manage the construction of the mine and 1000t/d processing plant at the Cajueiro gold project in Brazil. Mr. Barrios has extensive experience in the construction and management of similar operations throughout South AmericaThe Company is collecting four additional bulk samples from Cajueiro for metallurgical testing which will be sent to laboratories in Brazil and AustraliaAn application has been made to CELPA, owners of the powerline within the Cajueiro Project, to draw power from the existing transmission line and install a 1.5 MV sub station As a result of Covid-19 related issues, the initial payment of US$1M required pursuant to the April 24, 2020 Precious Metals Purchase Agreement between the Company and Metalstream has been rescheduled from 23th June until 14th July 2020 Michael Bennett, President and CEO stated, \"We are very excited to have Mr. Barrios join our team. Edgar brings a wealth of knowledge and extensive experience on small and large scale gold operations in South America. Not only has he held senior operating roles at larger companies, he is a metallurgist by training and has hands on experience in designing and installing carbon-in-leach circuits and operating plants. His technical expertise will be invaluable as we advance our Cajueiro gold project into production.\"Appointment of Edgar Barrios Mr. Edgar Barrios has over 30 years experience in the construction and management of various gold mining operations. Most recently, he has worked for Montebelo SRL as General Operations Manager in La Lupa gold mine, Bolivia which includes an operating underground mine and a 1000 t/d gold gravity processing plant. Prior to that he was Administrative General Manager of the Guapurutu gold mine, Bolivia. From 2017 to 2019 he was the General Manager & Operations manager of Eaglecrest...