Lupaka Gold has started shipping about 900 tonnes of mineralized rock from the Invicta Gold project for the initial toll mill test campaign.
The Invicta rock is being shipped to a toll mill near La Oroya in central Peru for processing.
The processing campaign will test and demonstrate grinding and recovery kinetics, chemical consumption, treatment cost and final concentrate grade performance. The material should be fully processed before the end of September 2015 with results available soon after.
Lupaka Gold president and CEO Eric Edwards said: "The project is advancing as planned toward commencement of operations later this year.
"The Invicta Gold project is one of the few near term production projects that we see in the gold sector today. Given our progress of the past year, excellent grades, in-place operating permits, and infrastructure and supportive community relations, we remain committed to advancing the project."
Toll Process Plant Update
The Company has recently contracted with the SAN JUAN EVANGELISTA Plant, located in Huari, near La Oroya Peru to process the Invicta mineralization. SJE will process the 900 tonnes and generate a copper/gold, lead/silver and zinc concentrate products. SJE was selected to complete the processing because of its multiple process circuits and ability to generate the required three separate concentrate products.
The Invicta Gold Project contains a poly-metallic resource primarily comprised of gold with accessory copper and, to a lesser degree, lead, silver and zinc.
As previously disclosed, the Company intends to commence production at an initial rate of 100 tpd in 2015, and thereafter scaling up to 350 tpd, subject to available financing. Mining operations will initially target some of the highest grade gold and copper mineralization within the projects Atenea Vein.
The Company is also pursuing the potential purchase of a permitted process plant or site closer to the Invicta mine, to provide for the most efficient growth and expansion of the Invicta Gold Project.
The Company has engaged CERTIMIN S.A. to supervise the bulk test to be carried out by SJE and to collect sufficient processing performance data to guide the design and potential construction of such a dedicated process plant.