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Article: Alexis Gold Mill Refurbishment On Schedule and On Budget.
- Article from:
- Marketwire Canada
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Nov 6, 2009 (Marketwire via COMTEX) -- ALEXIS MINERALS CORPORATION (TSX:AMC) is pleased to announce that the refurbishment of its wholly owned Aurbel Gold Mill, located just 1 kilometre from its Lac Herbin Gold Mine near Val d'Or, Quebec, is advancing on schedule and within budget.
Refurbishment and re-commissioning of the 1400 tonnes per day Aurbel Mill represents an important strategic step in achieving the Company's plan to reach mid-tier producing status in the coming years. This key asset is expected to provide milling for the Lac Herbin mine, achieving an approximate 10% reduction in operating cash costs for the mine. The mill provides ...