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Tuesday, 7th December 2004 (4012 views)

The American-based Apollo Gold Corporation has announced the completion of the construction phase of its Standard Mine and facilities near its Florida Canyon operations in Nevada. <br/><br/>The Standard Mine, which is part of a 3.2-million-square-foot facility, is an open pit gold operation utilising typical heap leaching and carbon absorption mineral processing. <br/><br/>Production will be phased in throughout 2005 with total production planned at over 40,000 ounces of gold for 2005. <br/><br/>"The completion of Standard Mine construction and beginning of production represents a key milestone in Apollo's plan for profitability and growth," Apollo Gold president and CEO David Russell stated.<br/><br/>"Standard represents our commitment to the continuing operations in Nevada and should contribute to the growth of Apollo Gold."<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7258566"/>

 

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