Proactive Investors - Run By Investors For Investors

Bezant Resources to step up production in Colombia after grade work

About 110oz of gold and platinum was recovered during the grade work
picture of alluvial equipment
High grade zone starts at 34mln

Bezant Resources plc (LON:BZT) has moved to the next phase in the ramp-up of production at the Choco alluvial mine in Colombia after successful grade verification work.

Bernard Olivier, chief executive, said: "Our mining to bedrock and grade verification process has not only successfully tested production viability but has also identified high grade zones containing significant levels of metals.”

READ: Bezant Resources looking forward to verifying grades in the virgin gravels at Choco

About 110oz of gold and platinum was recovered during the grade work, which tested 35,000 tonnes of material from the surface to the bedrock.

Bezant added it had identified a high grade zone that started at 34mln, though the production so far had started at a depth of 21m.

READ: Bezant Resources raises new funds as it advances Choco project to higher grade production

Olivier said Bezant had also developed secondary processing system that was capable of treating low grade material cost effectively.

View full BZT profile View Profile

Bezant Resources PLC Timeline

Related Articles

A photo of gold nuggets
Tue
A series of acquisitions has made the Vancouver-based company the third-largest land holder in the Pilbara region, with more than 2,800 square kilometers, 20 exploration licenses and five mining leases
gold nuggets
Mon
The Dimocks Main Shale targets sit between two large gold producing areas in Victoria, Australia
rc drill rig
October 29 2018
The joint venture is striving to identify West Africa’s next large gold mine.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use