Gold production locked in gear for Newlox

Precious metals remediation group Newlox Gold Ventures has kicked off steady-state production at its newly completed recovery facility in Central America, just six weeks after wrapping up all of the processing plant’s pre-production work
Gold production locked in gear for Newlox Gold production locked in gear for Newlox Gold production locked in gear for Newlox Gold production locked in gear for Newlox Gold production locked in gear for Newlox

Production in June for gold/silver dore totaled 3.875 kilograms

Production in June for gold/silver dore totalled 3.875kg, resulting in just over C$81,600 (US$62,400) for the month.

Between late May and reaching steady-state production, Newlox's engineering team had been monitoring the facility's operational parameters and were pleased with its performance metrics. It is now focusing on boosting daily throughput volumes as well as reaching optimum tailings environmental remediation and gold recovery.

"Not only did the processing plant complete its inaugural month of steady-state operation, but Newlox's operating subsidiary surpassed the break-even point in the very first month," Newlox Gold president Ryan Jackson said.

"We expect precious metals recovery and sales to grow over the coming months and are confident that the processing plant will meet or exceed Newlox's original expectations."

Newlox said that its association continues with the Norman B Keevil Institute of Mining Engineering at the University of British Columbia and the Centre for Mineral Technology under the Brazilian Ministry of Science and Technology.

Its partnerships with both have a goal of progressing the development of environmentally responsible technologies in the resources industry, and its tie-in with the groups have already realised the testing of the company's system for recovering deleterious materials from historical and current artisanal mining operations.