We are excited to announce that the plans we
made to expand the recovery field at the Clavo Rico mine have begun to bear
fruit. As you can see from this photo
the first level of ore has been successfully crushed and loaded onto the
recovery field. Followers of this blog
and our Twitter feed know that the ore is currently being treated to release the
gold and begin its journey to our processing plant.
It has only been since the first of May that
we have been treating the ore on the recovery field to produce a gold heavy
solution for processing and recovery, and even though we have not received our
ADR plant from the manufacturer, we have more than doubled our gold production
by using the pre-existing facilities.
This puts us closer to a cash flow positive operation as we approach the
milestone of self-sustainability.
In the picture below you will see the first
dore bar that has come solely from the new recovery field:
We have hundreds of gallons of gold laden
solution waiting for processing and so to speed the recovery even while using
the old plant, we have filled our carbon columns with new carbon to increase
the recovery percentage and decrease the processing time. We estimate that we have in excess of
$1,000,000 in the solution waiting for processing, which should give us a great
head start when the new plant is up and operational.
We anticipate that that will not be for
another two months due to unexpected setbacks in the shipping process, but we
look forward to the operations being taken to the next level once we are able
to start realizing the full potential of the mine.
We thank you for your continued support. Please remember to check back regularly or follow us on Twitter @clavorico for continued
updates, additional photos, and progress reports.
Clavo Rico, Ltd
Management