G Mining Ventures provided an update on progress made at its flagship Tocantinzinho gold project currently under construction in the state of Pará, Brazil. The miner said the project remains on schedule and on budget for commercial production in the second half of 2024.
Pre-production mining continues to progress above budget, having excavated 12.4 million tonnes of material from the starter pit, including 1.5 Mt of ore at 0.85 g/t to the stockpile. Additionally, mine dispatch system (MS4M) implementation including high precision for primary loading units and production drills is underway and expected to be fully operational in June.
G Mining Ventures said that commissioning of the process plant is progressing according to plan with the following areas commissioned and handed over to operations: Transmission line, main substation, primary crusher, ore reclaim, pebble recirculation, pre-leach thickener, CIL, detox, water reclaim, plant water and air services, and reagent preparation.
Source: G Mining Ventures