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MEI Online: Commodities: Metallic Ores: Gold: Latest News: April 20th 2016

 
 

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:: True Gold Announces First Gold Production

 

True Gold Mining Inc. is pleased to announce that it achieved first production at the Karma gold mine on April 11, 2016, a few weeks following the start of leaching of ore.

“Today is a great achievement for everyone that has been involved in building the Karma gold mine” said Christian Milau, President & CEO of True Gold. “This achievement is a direct result of the hard work and dedication of the management team and employees, Board of Directors, our suppliers and financing partners, as well as the strong support of the Government of Burkina Faso and local communities. We would also like to thank our shareholders who have supported our vision of building an intermediate gold producer. We have achieved this via the combination with Endeavour Mining Corporation. Our shareholders will continue to participate in Karma’s success as significant shareholders in a diversified, growth oriented intermediate gold producer. We are delighted to pass this key milestone at the Karma mine and are now focused on the ramp up period towards achieving commercial production.”

 

 

   

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