Nativo Resources plc has awarded mining and logistics contracts for the Bonanza gold mine on its Tesoro concession in the Arequipa region, within the Nazca-Ocona gold corridor of Peru.
PRODUCTION
Mining service provider Constructora e Inversiones Andina Kuboc C&P SAC will move the first 25 personnel to the site next week, before adding more employees to reach 32, and restart production during this quarter.
Meanwhile, IPECPROM Mining Operations is already at the site and will provide mine camp logistics, accommodation and catering.
On arrival, Kuboc will prepare for operations by widening shafts and galleries and installing equipment at the shaft head to allow more efficient recovery of material to surface.
“Kuboc will be deploying industrial pyrotechnics at the mine through a separate service provided by Frasser SAC, using the Apollon Classe IV product line,” said Nativo.
“This form of fragmentation service is specialised for narrow vein architectures in small mines such as Bonanza and reduces the risk of collapse, waste product and damaging vibrations.”
The company added that initial operations would target areas containing grades of between five to 25 grams per tonne of gold.
Nativo aims to mine 50 to 90t of vein material per month, with a production target of 150-300tpm after approximately the first three months.
First sales are expected this quarter.
“We have met the mining contractor on several occasions and visited one of their mine operations which we observed to be well run,” said chief executive officer Stephen Birrell.
“Kuboc provides professional work procedures with expertise in underground gold mining, which will ensure we exploit the Bonanza vein to its full potential.
“Kuboc will be working with our geologists to develop and increase production at Bonanza through mine plan evolution and the development of further sites for mining across the Tesoro concession.”