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News
09.11.2011
Bonifaz Gold PLC secures a Gravity Concentration Plant to treat its Caballo Blanco Gold Mine ore.
Bonifaz Gold PLC secures a Gravity Concentration Plant to treat its Caballo Blanco Gold Mine ore.
London, November 9th 2011. BONIFAZ GOLD PLC., (BOG.F - WKN: A1H5HC) has recently announced it has secured a gravity concentration mill to process oxidized ore from the Caballo Blanco mine. The plant is located in Oruro, Central Bolivia, and its capacity will be upgraded as production increases in the future. Bonifaz Gold expects to begin mining ore within the next 7 - 10 days.
Oscar A. Bonifaz, CEO states, “After eight years of holding back this rich gold concession, we are pleased to be unleashing its potential”. Mr. Bonifaz also stated “This plant will allow us to have a continuous production and processing flow”. He added “The early ore sampling suggests favorable gold grades. Management is extremely pleased and will provide our shareholders more detailed information as it becomes available”.
BONIFAZ GOLD PLC (BG) is a British mining company with metallic and non-metallic operations and mineral deposits throughout Bolivia, South America. The Bonifaz Gold group has been operating since 1992 and used its knowledge, experience and resources on acquiring and accumulation of some of the richest gold and non‐metallic ore reserves in South America. The BG group currently has 44 mines in Bolivia covering 10,670 hectares (26,366 acres) and representing approximately USD$ 9 Billion (€7 Billion) of proved and probable reserves.
Further information can be found on the Bonifaz Gold website under: www.BonifazGold.com
Contact:
info@BonifazGold.com
IR-Kontact Deutschland:
Connecting Markets Gmbh
Telefon: +49 (0) 40 7166 4761
Registered office in England and Wales
Bonifaz Gold PLC
88 Wood Street, 10Th Floor
London EC2V 7RS, United Kingdom
U.K Company No. 07432940
Disclaimer
This press release contains forward-looking statements based on beliefs of Bonifaz Gold Plc management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bonifaz Gold as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bonifaz Gold disclaims any intention or obligation to update these forward-looking statements.
The data on proved and probable reserves of minerals have been calculated and inferred based on multiple geological and metallurgical studies carried out by independent geologists and mining professionals and may not necessarily coincide with various classes of mineral resources as defined by the Canadian Institute of Mining (CIM).
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London, November 9th 2011. BONIFAZ GOLD PLC., (BOG.F - WKN: A1H5HC) has recently announced it has secured a gravity concentration mill to process oxidized ore from the Caballo Blanco mine. The plant is located in Oruro, Central Bolivia, and its capacity will be upgraded as production increases in the future. Bonifaz Gold expects to begin mining ore within the next 7 - 10 days.
Oscar A. Bonifaz, CEO states, “After eight years of holding back this rich gold concession, we are pleased to be unleashing its potential”. Mr. Bonifaz also stated “This plant will allow us to have a continuous production and processing flow”. He added “The early ore sampling suggests favorable gold grades. Management is extremely pleased and will provide our shareholders more detailed information as it becomes available”.
BONIFAZ GOLD PLC (BG) is a British mining company with metallic and non-metallic operations and mineral deposits throughout Bolivia, South America. The Bonifaz Gold group has been operating since 1992 and used its knowledge, experience and resources on acquiring and accumulation of some of the richest gold and non‐metallic ore reserves in South America. The BG group currently has 44 mines in Bolivia covering 10,670 hectares (26,366 acres) and representing approximately USD$ 9 Billion (€7 Billion) of proved and probable reserves.
Further information can be found on the Bonifaz Gold website under: www.BonifazGold.com
Contact:
info@BonifazGold.com
IR-Kontact Deutschland:
Connecting Markets Gmbh
Telefon: +49 (0) 40 7166 4761
Registered office in England and Wales
Bonifaz Gold PLC
88 Wood Street, 10Th Floor
London EC2V 7RS, United Kingdom
U.K Company No. 07432940
Disclaimer
This press release contains forward-looking statements based on beliefs of Bonifaz Gold Plc management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bonifaz Gold as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bonifaz Gold disclaims any intention or obligation to update these forward-looking statements.
The data on proved and probable reserves of minerals have been calculated and inferred based on multiple geological and metallurgical studies carried out by independent geologists and mining professionals and may not necessarily coincide with various classes of mineral resources as defined by the Canadian Institute of Mining (CIM).
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17">http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.