Ressources Appalaches: Dufferin Mine Path to Gold Production Update
28 February 2014 - 12:00AM
Marketwired
Ressources Appalaches: Dufferin Mine Path to Gold Production Update
RIMOUSKI, QUEBEC--(Marketwired - Feb 27, 2014) - Ressources
Appalaches (TSX-VENTURE:APP)(FRANKFURT:OU3) is pleased to provide
an update on development at the Dufferin Mine site in Nova Scotia
planned to start producing gold in the next 60 days, then ramp up
of production to reach 300 tonnes per day capacity within the next
6 months.
Over the past two months, the Company has completed the majority
of equipment acquisitions required for Dufferin Mine such as the
Falcon concentrator, induction furnace, screen assembly, vault door
for the refinery and other parts for the mill refurbishment.
Targeting to produce gold in two months, the first ore face is
in preparation and the underground rehab of the other levels
including ground support work and refurbishment of the mine refuge
station has begun to access the second ore face.
The recruitment process has filled all the senior roles
including mine engineer, mine foreman, mill superintendent, mill
foreman, geologist and administrative superintendent. The Company
now has more than 30 full time employees (not counting the
contractors working in the different areas), at the Dufferin mine
site. Recruitment will continue over the next month until all
positions have been filled to meet the operational needs of the
project, planned to be 75 employees by early April 2014.
Exploration works
The Company had previously conducted exploration work at the
Chocolate Lake property located 8 km east of the Dufferin Mine in
Nova Scotia (see Press Release of January 30th, 2014) and situated
along the same structural corridor of the Mine. The first
exploratory borehole of 239 m indicated no gold results from the
laboratory. A new drillhole site will be established during this
summer to locate a stable area for the drill using the property
magnetic survey targeting a second time the anticline
structure.
PDAC 2014
Ressources Appalaches will be exhibiting at the 2014 Prospectors
& Developers Association of Canada (PDAC) International
Convention, Trade Show & Investors Exchange to be held at the
Metro Toronto Convention Centre-South Building, March 2nd-5th,
2014. All interested parties are invited to visit us at booth #
2133 for the opportunity to meet with management and receive an
update on the company's activities.
About Ressources Appalaches
Since it was created in 1994, the goal of Ressources Appalaches
has been to discover and develop deposits of base and precious
metals in Canada with an expertise targeted towards the Appalachian
geological formation in Québec and Nova Scotia. The Company is
mainly focused on the exploration and development of the Dufferin
Gold Mine in Nova Scotia.
Photos of the Dufferin Mine and its facilities are available on
the Company's website at: www.ressourcesappalaches.com.
The contents of this press release were prepared and reviewed by
Alain Hupé, Eng. A Qualified Person as defined in NI 43-101.
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts any responsibility for the adequacy or
accuracy of this release.
This press release may contain certain forward-looking
statements that include elements of risk and uncertainty.
Consequently, actual results may differ substantially from those
anticipated in such statements. These risks and uncertainties are
described in the quarterly and annual reports, and in the documents
submitted to the securities administration.
Alain Hupe, Eng.President and
CEO418-724-0901info@ressourcesappalaches.com
(TSXV:APP)
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