RE: 55 Projects already signed...6 May 2021 08:50
An interesting article I found - I give you an English translation below: https://www.lanuevacronica.com/europa-metals-se-prepara-para-producir-zinc-plomo-y-plata-en-toral-desde-2023
Europa Metals prepares to produce zinc, lead and silver in Toral from 2023
The multinational has already invested 5 million in the Berciano project, which is currently under investigation and plans to hire 200 employees
The company Europa Metals Iberia SL, a subsidiary of Europa Metals Ltd, a company registered in Australia, intends to land in Toral de los Vados with a project to produce zinc, lead and silver in El Bierzo, an idea that is in the research phase and that it could go live in three years.
Under the name of Proyecto Toral, the multinational frames its most important business activity in Castilla y León in El Bierzo . Since 2007 it has studied the recovery of an enclave that has taken advantage of previous studies from the 1980s. By relying on a previous mining operation "the visual impact of the project is drastically reduced", explains the company.
After mapping the exploitation and examining the geochemistry of the soils, the works have determined «anomalies in Zn, Pb and Ag whose extension has been verified with surveys. In total, more than 100 mining research wells have been carried out, with depths of up to 1,285 meters ”. These works define a “mineral deposit of about 3 kilometers in length and variable thickness around 3 meters. The recognized depth is about 900 meters although the deposit is open in depth.
15 years of activity and 2oo jobs
The deposit contains around 16 Mt of mineral , according to the first studies and an extraction of 450,000 tons per year of mineral is expected as a base - with the possibility of being expanded. That offers a project life of about 15 productive years but it will take between 2 and 3 years for its construction.
Annual production is estimated at 16,500 tons of zinc, 15,000 tons of lead and 8,000 kilograms of silver . As for the employment that you will need to carry out the project, it will be 200 workers directly.
The investment made by Europa Metalsso far it exceeds 5 million euros. The idea is that half of the waste generated will return to the mine and the surface deposited is expected to be around 2.6 Mm3. The exploitation method takes into account the filling of the interior of the mine with the waste generated.
Access to the mine will be through a ramp and shaft and the method that is being evaluated as the most appropriate is mechanized cut and fill . Once mined, the ore will ramp up to the crusher on the upper levels. For most of the deposit, the mineral will be extracted by means of a well, which will give way to the belt that reaches the processing plant.
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