Engineering Team Engaged for Tartan Lake Gold Mine Project
26 9월 2019 - 10:00PM
Satori Resources Inc. (TSXV:BUD) (“Satori” or the
“Company”) announces that it has engaged Global
Resource Engineering Ltd. of Denver Colorado to work with Satori in
its evaluation of various processing options conducive to ore
recovery and operating cost tradeoffs, and to provide Satori with
an itemized assessment for restarting the Tartan Lake Gold Mine
Project, inclusive of Mill capital cost assumptions.
The project will be led by Dr. Todd Harvey of
Global Resource Engineering, a process engineer who worked at the
Tartan Lake Gold Mine Project from it’s commissioning to closure
during the late 1980s. Engaging Todd Harvey for this
undertaking is key, as his past employment at the mine has enabled
him to deliver a preliminary analysis for optimal development, the
first priority being the evaluation of known under-developed
zones.
In today’s environment, development of the
Tartan Lake Gold Mine Project will benefit from the application of
modern technology, re-tooling of mining methods, and improved mill
design for optimum recovery.
Peter Shippen, Chairman of Satori states, “After
consulting with a number of mining professionals, we feel that the
Tartan Gold Mine Project is undervalued and under-appreciated.
We believe that this is the next step in realizing the value
of the project for our shareholders.”
Dr. Todd Harvey, Process Engineer, is the
Qualified Person who has reviewed and approved the technical
contents of this news release for and on behalf of Satori.
Lastly, Satori further announces that it
continues to conduct due diligence on various other projects that
may be suitable or instrumental in corporate development.
ABOUT SATORI RESOURCES INC.
Satori is a Toronto-based mineral exploration
and development company whose primary property is the Tartan Lake
Gold Mine Project (100% interest), located in the prolific Flin
Flon mining district, in Manitoba, Canada. The Tartan Lake Gold
Mine had historical high-grade production of 48,000 ounces of gold
between 1987-1989. The Project hosts a largely intact 450
tonne per day gold concentrator and related infrastructure, along
with a decline ramp providing access to developed gold
mineralization within the Main and South Zones to a vertical depth
of 320 metres.
FOR FURTHER INFORMATION, PLEASE
CONTACT:
Ms. Jennifer BoylePresident and
Chief Executive Officer, Satori Resources
Inc.jennifer@capexgroupinc.com416-904-2714
Mr. Pete ShippenChair, Satori
Resources Inc.pjs@extramedium.ca416-930-7711
For further information, please visit
www.satoriresources.ca.
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Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) does not accept responsibility for the
adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING
INFORMATION
This news release of Satori contains statements
that constitute “forward-looking statements”. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause Satori’s actual results, performance or
achievements, or developments in the industry to differ materially
from the anticipated results, performance or achievements expressed
or implied by such forward-looking statements.
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO
U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
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