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Otso Gold returns to production and pours first gold
news Otso Gold returns to production and pours first gold
Otso Gold Corp has announced the restart of production and completion of the first gold pour at its wholly owned Otso Gold Mine near the town of Raahe in Finland.
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The restart of production and the gold pour marks the completion of all the preparatory works and the hiring and training of over 140 full time staff now on site, with a further 128 contractors
Canadian-based exploration and development company Mistango River Resources has announced the start of a Phase 2 drilling program at its 100%-owned Kirkland West Gold Project, adjacent to Kirkland Lake Gold’s Macassa Mine in Ontario.
The Phase 2 program in the Baldwin Zone will include 5,000 metres of drilling and is designed to test exploration targets hosted by retained to provide permanent services to the mine. The company is currently processing approximately 4,000 tonnes of ore a day and blasting ore in mining areas four times a week, ramping up towards name plate capacity of 6,000 tonnes of ore a day. The company has also completed a further 6,000 meters of grade control
geological and structural environments that are determined to be highly prospective, based on comparison with gold deposits in the adjacent Kirkland Lake mining camp. New interpretations of geological and structural environments and exploration drill targeting in the Baldwin Zone are informed by the results of new 3-D inversion models of aeromagnetic and gravity data that are constrained by available geological data. Mistango is confident that the application of constrained modelling of geophysical data is the best approach to exploration drill targeting at the scale of the project area and will allow the company’s exploration program to advance most efficiently towards discovery at the Kirkland West Gold project.
reverse circulation drilling during the past month to underpin detailed mine planning. “This is a major milestone for the company and represents the dedication and commitment of the team,” said CEO Brian Wesson. “We look forward to continuing towards long term, sustainable commercial production over the following weeks.”