Gold is coming.13 Aug 2015 09:22
Altintepe Gold Mine Cold Commissioning to Commence mid-August
Stratex International Plc, the AIM-quoted exploration and development company, is pleased to provide a progress update on mine construction at its 45%-owned Altintepe Gold Project ('Altintepe' or the 'Project'), where joint-venture partner Bahar Madencilik ('Bahar') has been funding all pre-production costs, including US$39 million towards construction. Construction is on track for completion in August 2015, and pre-operational testing ('cold commissioning') will commence from mid-August ahead of hot commissioning and ultimately full-scale production.
Bob Foster, Stratex Chief Executive, said: "Our partners continue to make good progress and advise that construction is still due to be completed this month, with first gold pour expected in the following few weeks. The professional approach to all aspects of the construction is a credit to their commitment to delivering Turkey's next producing gold mine