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Monument Mining Announces Readiness of Selinsing Gold Plant Conversion
VANCOUVER, British Columbia, March 03, 2019 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) is pleased to a
About this update from Monument Mining Limited
[{"type":"text","content":" VANCOUVER, British Columbia, March 03, 2019 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) is pleased to announce the readiness of the Gold Plant conversion at the Selinsing Gold Mine in Malaysia, following up the recent positive Feasibility Study (Snowden 2019 NI43-101 Technical Report, refer to the News Release dated February 1, 2019) that has established the economic viability of the Selinsing Sulphide Project for a six year life of mine through the extension of the existing oxide plant to include flotation and BIOX® circuits for sulphide ore treatment. General Manager Charlie Northfield commented, “Our operation team is excited to be moving forward with transition from Oxide Gold Production to Sulphide Gold Production at our Selinsing Gold Mine. Construction readiness is progressing well according to the Execution Plan. Our primary focus is to ensure that construction could start as soon as funding is available, and we could fast track construction and meet designed operation protocols while operation risks are well controlled.” Progress of Readiness Work Readiness work includes procurement, workforce planning, design of the pilot plant for operator training and inoculum build-up, operation manual preparation and TSF development. Procurement: Technical and financial appraisal of critical flotation and BIOX® equipment has continued subsequent to the Snowden 2019 Feasibility Study. Dialogue with potential equipment suppliers has enabled critical long lead equipment to be identified; these include the flotation cells, agitators, thickeners, blowers, cooling towers and pumps. Preparation of procurement documentation has been initiated on site to minimize any administrative delays. Potential suppliers of steel plate and structural steel worldwide have been located and price comparisons are being compiled. Suitable fabrication workshops within Peninsular Malaysia have also been contacted. Workforce: The workforce planning and action plan has been submitted to the management for review and approval. Key positions have been identified for hiring. Metallurgical technicians are currently being trained for controlling the flotation process and bioleach process in terms of parameters and critical aspects of running flotation and BIOX® plant, such as monitoring ORP (oxidation r...