Jun 7 2012
Casablanca Mining announced today that it has purchased and installed an alluvial wash plant at its Free Gold property in Quilpue, Chile.
The GDS 308-E series from DETACH satisfies the various requirements of Casablanca's Free Gold property by lowering initial investment cost (comparative price), saving operational cost (outstanding durability and simple mechanical structure) and reducing any additional cost in the future (high productivity & mobility)
The GDS series can precisely select gold and gold dust in highest yield rate of 98%. Advantages include its high gold dust gathering capability by long-time and non-stop operation, provides outstanding production capability suitable for a huge-operation site, makes it easy to collect gold dust from raw materials, is suitable for a small site or pilot production for site survey, has environment hardened structure to work in the coldest or the hottest weather without any problem, has built-in generator and water pump basically without any additional generator or water pump, can be easily managed by using single generator to save the fuel gas, one operator can manage several trammels and can be easily shipped and installed on site using simple forklifts.
"We are excited about the installation of this innovative alluvial gold wash plant at our Free Gold property," said Casablanca Mining CEO Juan Carlos Camus. "After reviewing the results from our preliminary tests using this new equipment, we intend to expand the use of this technology at additional alluvial sites in Chile," he added.
The alluvial plant process is as follows:
1. Input of raw materials through heavy equipment
Raw materials inputted through the entrance of the hopper are pushed into the trommel screen by the strong water pressure of the shower equipped in the hopper.
2. Selection and cleaning of raw materials
Raw materials of the trommel screen are cleaned and selected by the rotation of trommel screen and, by watering of the shower inside, run into the gold dust separate panel.
3. Collecting of gold dust separated
Soil and sands with lighter specific gravity flow away but gold dusts with greater specific gravity stay in the gathering mat to be collected.
- Simple replacement and collecting of gold-dust-gathering mat
- (Gathering mat shall be replaced at every 5 hours for 10 hours of working.)
- Increasing productivity of gold collection through the potential of 24 hour production
- Eco-friendly facility without chemicals and with recycling of water
- Wide usages from investigation stage up to the commercialized production
About Casablanca Mining, Ltd.:
Casablanca Mining (OTCQX:CUAU), through its wholly owned subsidiary Santa Teresa Minerals, S.A., engages in the acquisition, exploration, development, and operation of precious metal properties in South America. Its gold and copper mining operations are based near Santiago, Chile. Santa Teresa Minerals currently has, directly and indirectly through various equity interests, mining rights in exploration projects, "Free Gold", the "Casuto Project," consisting of Los Azules 1-3, Tauro 1-6, Los Chipi 1-16 and the "New Gold Project," consisting of Los Pinos 1-30 and Teresita 1-20. These projects include 80 different mining and mineral exploration properties including gold, copper and copper sulfate. Santa Teresa Minerals also owns an equity position of Bluestone S.A., a copper sulfate production project that owns the Anica Copper Mines, and a 60% equity position in a company with the rights to a revolutionary mining technology that extracts gold, silver and copper from raw mining materials using a proprietary and patented electrolysis method of electromining.
FORWARD LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results and estimates that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results or estimates expressed or implied by this press release. Such risk factors include, among others: whether Casablanca Mining can successfully execute its operating plan, including mining and exploration projects; results of exploration, project development and capital costs of mineral properties; volatility of market prices for gold, copper and copper sulfate; Casablanca Mining's ability to integrate acquired companies and technology; Casablanca Mining's ability to retain key employees; general market conditions; and other factors discussed under "Risk Factors" in its annual report on Form 10-K for the fiscal year ended December 31, 2011. Actual results may differ materially from those contained in the forward-looking statements in this press release. Casablanca Mining does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.