Cadan Resources has ordered a second ball mill for its CIP gold plant at the T’Boli Gold-Silver Project in Mindanao.
The ball mill has been purchased from Zhengzhou Zhongding Heavy Duty Machine Manufacturing Co, an ISO 9001-2000 rated company based in Zhengzhou, China, which also supplied the original ball mill and jaw and cone crushers.
Delivery and installation is expected to be completed during this quarter.
Cadan’s chief operating officer Robert Butchart says the company is satisfied with the performance of the first ball mill.
He says the addition of the second ball mill will increase capacity to 15-20 tonnes/hour. The additional ball mill should also enable continuous operation of the gold plant after factoring in scheduled maintenance and repairs.
Cadan’s T’Boli epithermal gold-silver deposit has an NI 43-101 inferred mineral resource of 2.4 million tonnes @ 5.5grams/tonne gold and 21 grams/tonne silver for some 420,000 contained ounces of gold and 1.6 million ounces of silver.
Cadan Resources is an emerging gold-silver-copper producer and development company with significant gold-silver-copper mineral assets in the Philippines.
www.cadanresources.com