– now set for round-the-clock production

TROY Resources Guyana Inc. (TRGI), the Australian mining company operating the Karouni Gold Project in the Cuyuni/Mazaruni area (Region 7) poured its second gold bar weighing 2 kg on Friday, a source close to the company said.The pouring of the second gold bar comes just a few days after the pouring of the first gold bar weighing 4.7kg. The second gold bar, though weighing just over 2kg less than the first, represents a significant milestone for the company.
According to the TRGI source, the pouring of the second gold bar paves the way for round-the-clock production of gold. It was produced via an elution circuit. Elution has been described as a process by which gold is removed from the activated carbon by reversing the adsorption process that occurs in the carbon-in-leach (CIL) circuit.
The source said, “The activation of this process is significant as it will now allow for the continuous and faster processing of gold mined.”
Additionally, the source said it will allow for “higher recovery” and “faster production of gold bars.” The source noted that all other bars will be produced weighing 15 kg.
“The elution circuit in now fully operational and running smoothly,” the source added.
TRGI received its mining licence earlier this year to commence operations in full at its Smarts and Hicks deposits within its 100%-owned Karouni Gold Project, formerly known as West Omai.
The company’s Chief Executive Officer (CEO), Martin Purvis, had said the company is looking at an estimated three-year open-pit mine life, producing on average 101,000 ounces of gold a year, barring the first year, in which 104,400 ounces are expected to be produced.
The operation will use a conventional carbon-in-leach plant, augmented with gravity gold recovery, treating a minimum of one million tonnes and configured to allow for easy, low-cost expansion at a later date.