MDL
Wednesday, August 26, 2009
Mineral Deposits on track to produce 160,000 ounces of gold at Sabodala
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Senegal, west African gold producer Mineral Deposits (ASX: MDL) has made a smooth transition to production at the Sabodala plant.
On track to produce 160,000 ounces of gold in calendar 2009, first gold bars were produced in mid-March 2009.
Jeff Williams, managing director of Mineral Deposits said that the third tonne of gold, or 96,450 ounces, has been produced from its newly-commissioned Sabodala Gold Mine in Senegal.
Williams said the treatment plant has processed its one millionth dry tonne of mineralised material at Sabodala. This milestone is equivalent to 2.3 Mtpa and exceeds the nameplate capacity of 2 Mtpa.
Sabodala Gold Mine is operated through Sabodala Gold Operations SA which is 10%-owned by the Government of the Republic of Senegal and 90%-owned by MDL. The Mine is located some 650 kilometres east of the capital Dakar within the Birimian belt and about 90 kilometres from major gold mines and discoveries in Mali. The Sabodala and Niakafiri deposits lie within SGO’s 33 square kilometre mining concession.
