Dec 24 2013
Marlin Gold Mining Ltd. ("Marlin") has completed construction of the mine infrastructure, laboratory, and other support mine buildings at its La Trinidad Mine in Sinaloa, Mexico. In addition, mechanical completion of the crushing plant and conveyor stacking system, ADR, carbon processing and refinery are materially complete. Electrical installation is in process.
The leach pad construction is complete and placing of the first layer of protective material (over liner) has commenced. Construction of the solution ponds is at an advanced stage.
A mobile crushing and screening plant was installed to reprocess the "old" leach pad material that will be the first material leached in December.
John Brownlie, CEO, commented that, "Even with delays caused by Hurricane Manuel during construction, the project will be completed on time and within the $25 million budget. Starting in a couple of weeks, we will reprocess over one million tonnes of old heap leach material in conjunction with the mining of fresh ore from the mine at which time we will begin irrigating the pads with cyanide solution followed shortly thereafter by gold doré production."
"We recruited a top notch team of mining professionals to operate the La Trinidad Mine that have worked together in similar types of mining operations in Mexico. I am proud of our team's accomplishments, and we are looking forward to producing gold early in 2014," Brownlie added.
Marlin will continue advanced exploration on its considerable property holdings in Mexico and has identified a number of "drill-ready" targets. Marlin also continues to look outside of its own properties to grow and add value through acquisitions or other transactions.
About Marlin Gold
Marlin Gold is a publicly-listed company on the TSX Venture Exchange with properties located in Sinaloa and Zacatecas, Mexico. Marlin Gold's priority is to advance its properties toward production. The La Trinidad property, which hosts the Taunus gold deposit, remains the priority focus of Marlin Gold's development activities and is on track to be in production by early 2014. A complete NI 43-101 resource estimate and preliminary economic assessment for the Taunus deposit can be found at www.sedar.com or at www.marlingold.com. Assuming acceptance of the Offer and upon achieving production from the Taunus gold deposit Marlin's focus would be to develop the Santa Gertrudis Project.