Tartan Lake Gold Mine – Site Evaluation Report
31 Oktober 2019 - 2:52PM
Satori Resources Inc. (TSXV:BUD) (“Satori” or the
“Company”) announces that Global Resource
Engineering Ltd. has completed its on-site evaluation at the Tartan
Lake Gold Mine Project in Flin Flon, Manitoba, and concludes that
the mine site and infrastructure remains in reasonable condition,
particularly given the length of time that the project has been on
care and maintenance.
The engineering consultants confirmed that the
mine surface facilities include a process plant, shops/warehouse,
offices, crusher infrastructure, mine dry, backfill plant, and
tailings impoundment. The process facilities are largely intact and
the mill building is in reasonable condition. It was
concluded that the plant itself could likely be rehabilitated,
however, the grinding mills have been disassembled and mill liners
removed. The floatation circuit, leach circuit and related
parts including a Merrill-Crowe and cyanide destruction system
comprise part of the original processing equipment. The report
further indicated that the original spiral concentrator gravity
circuit appeared to be complete, but disassembled.
Manitoba Hydro continues to power the site and
Global Resource Engineering stated that the sub-station appeared in
good working order, most electrical components appear in good
working order (MCC and wiring is mostly intact), and that the
amount of power available should be sufficient for a re-start of
the mine.
While several components were reported to be in
poor condition or missing, it was concluded that most items could
be readily repaired or replaced, such as mobile equipment, garage
doors, access road, crushers, conveyer belts and other related
items.
The on-site evaluation program included an
assessment of the historical tailings for the purpose of evaluating
a tailings recovery program. Results are pending.
Dr. Todd Harvey, Process Engineer, is the
Qualified Person who has reviewed and approved the technical
contents of this news release for and on behalf of Satori.
ABOUT SATORI RESOURCES INC.
Satori is a Toronto-based mineral exploration
and development company whose primary property is the Tartan Lake
Gold Mine Project (100% interest), located in the prolific Flin
Flon mining district, in Manitoba, Canada. The Tartan Lake Gold
Mine had historical high-grade production of 48,000 ounces of gold
between 1987-1989. The Project hosts a largely intact 450
tonne per day gold concentrator and related infrastructure, along
with a decline ramp providing access to developed gold
mineralization within the Main and South Zones to a vertical depth
of 320 metres.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Ms. Jennifer BoylePresident and
Chief Executive Officer, Satori Resources
Inc.jennifer@capexgroupinc.com416-904-2714
Mr. Pete ShippenChair, Satori
Resources Inc.pjs@extramedium.ca416-930-7711
For further information, please visit
www.satoriresources.ca.
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adequacy or accuracy of this release.
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INFORMATION
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that constitute “forward-looking statements.” Such forward-looking
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