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September 5, 2011

DRA Pacific to build processing facility for Cortona’s Australian project

Cortona Resources has entered into a memorandum of understanding (MoU) with DRA Pacific to construct a processing facility at its Dargues Reef gold project in New South Wales, Australia. Cortona Resources is currently developing a 50,000oz per annum gold mine at the Dargues Reef projec

By cms admin

Cortona Resources has entered into a memorandum of understanding (MoU) with DRA Pacific to construct a processing facility at its Dargues Reef gold project in New South Wales, Australia.

Cortona Resources is currently developing a 50,000oz per annum gold mine at the Dargues Reef project, and is awaiting final environmental approvals.

The processing facility will consist of a crusher, ball mills, gravity circuits and flotation cells for the production of high-grade gold concentrate.

The plant will have throughput capacity of 330,000tpa and will be designed for recovery of more than 95% of gold with about 50% of the gold reporting to the gravity circuit.

Cartona Resources will truck the concentrate to the London Victoria gold mine near Parkes, to further treat the concentrate to produce gold dore.

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