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Maxam Gold Corporation Announced Today That Pembina Limitada Will Be Using Equipment Supplied by Goldfield International
Maxam Gold Corporation Announced Today That Pembina Limitada Will Be Using Equipment Supplied by Goldfield International.
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[{"type":"text","content":"\n\n\n\n\n\n\n\nMaxam Gold Corporation Announced Today That Pembina Limitada Will Be Using Equipment Supplied by Goldfield International\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nMaxam Gold Corporation Announced Today That Pembina Limitada Will Be Using Equipment Supplied by Goldfield International\n\nPR Newswire\n\nLAS VEGAS, Feb. 14, 2013\n\n\n\n\n\n\n\nLAS VEGAS, Feb. 14, 2013 /PRNewswire/ -- Maxam Gold Corporation (OTCPINK: MXAM) http://www.max-amgold.com, a gold mining and development company, announced today that a equipment supplied by Goldfield International will be the processing equipment for Pembina.\n\n\nA new state of the art mineral extraction system, supplied by Goldfield International, Inc. (\"Goldfield\") of Provo, Utah will be employed for the separation and recovery of gold from the mined materials. This planned system is comprised of an Alaskan 100 Wash Plant, capable of handling 100 YPH, followed by a 42\" Duplex Jig and a 42\" quadplex jig. The final section of the recovery system consists of a 30\" duplex jig, a 24\" round Jig, a 24\" magnetic separator and a Goldtron concentrator table. Water for the operation of the extraction/recovery system will be provided by an 8\" diesel water pump. \n\n\nThe company's purchase of U.S. manufactured equipment will afford it the use of Political Risk, Currency Conversion and other insurance benefits the U.S Governments Overseas Protection Insurance Corporation (\"OPIC\"). The Company anticipates that once the equipment clears customs in Nicaragua, it will take from four to six weeks to transport it to its mining site, set it up and place it into production. \n\n\nPer company Director, Mr. Delgado Lopez, mechanized mining operations in the concession area yield recoveries ranging from 3.0 to 4.5+ grams of gold per cubic meter of gravel processed. Geological reports estimate there are approximately 5,824,000 cubic meters of gold bearing material in these areas in and around the districts river system. \n\n\nPembina Limitada, S.A. will start processing 100 to 150 metric...