Jan 14 2015
INCA ONE GOLD CORP. is pleased to announce that, effective December 31, 2014, it has completed the construction and installation at the Chala One Plant to enable a processing capacity of 100 tonnes per day.
Chala One has been completed and designed to process 100 TPD with an operating schedule of approximately 342 days a year (28.5 days per month). It is anticipated that there will be regular monthly shut downs for preventative maintenance and minor upgrades.
During December 2014, the plant commenced continuous daily test milling. The plant is approaching commercial production on the new 100 TPD processing circuit primarily using the first 50 TPD ball mill and incrementally increasing throughput while it put the second 50TPD ball mill online. With ore supply arriving daily, the Company expects ramp up of ore processing to continue through March 2015.
"Commencing continuous throughput at Chala One is a game-changing milestone for Inca One Gold Corp.," said President & CEO Edward Kelly. "Our mill feed has arrived at grades higher and much quicker than what we modeled for positive cash flow. It is a true testament that being a government-approved milling facility has its competitive advantages for securing mill feed in Peru."