Metals Exploration plc said that the Rock Creek processing and concentration plant had set sail one month ahead of schedule from Alaska for the La India gold project in Nicaragua.
FIRST GOLD
The disassembled plant departed Nome on 31 July and is due to dock in Nicaragua in mid-August 2025 and arrive by land at the project during September.
Construction of the plant is scheduled for late October 2025.
The US$9.7 million plant includes crushers, conveyors, grinding ball mill, Sepro Falcon gravity circuit, carbon in leach circuit, elution and smelting equipment and laboratory).
Metals said that La India process flowsheet would enable the plant to process up to 1.4 million tonnes per annum, with “additional built-in potential capacity” for up to 1.8Mt per annum.
“The ahead-of-schedule shipment of the Rock Creek Plant marks another important milestone in our fast-track development of the La India project,” added chief executive officer Darren Bowden.
“The efficient disassembly and early dispatch of the plant from Alaska is a testament to the commitment and capability of our team and partners.
“With delivery and reassembly now firmly scheduled, we remain confident in our timeline to commence plant erection in October and maintain our goal of first gold production in Q4 2026.
“Importantly, this continues to demonstrate our disciplined approach to capital deployment and reinforces our strategy to deliver near-term value while managing risk and cost.”