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Austral Gold Provides Update on Casposo Plant Refurbishment
Newsfileยท 2025-07-30 01:03
Core Viewpoint - Austral Gold Limited is making significant progress on the refurbishment of its Casposo Plant in Argentina, with commissioning expected in August 2025 and commercial operations set to begin in the second half of 2025 [2][3]. Refurbishment Progress - Key activities for Q2 2025 have largely been completed, with the remaining tasks expected to finish by early August [3]. - The primary crusher refurbishment has been completed, while the SAG mill relining and installation of new hydrocyclones are currently underway [4][3]. - The company has repaired the SAG mill engine and the engines for leaching tanks, with modifications to piping and ducts also completed [4]. Workforce Development - The company currently employs 55 individuals, with plans to increase the workforce by approximately 61 employees in August 2025, bringing the total to 116 [11]. - A targeted training program has been conducted in Calingasta Village to develop a skilled local workforce for plant operator roles [11][12]. Future Plans - The company aims to finalize the SAG mill relining, complete the installation of new hydrocyclones, and test the plant's electrical circuits before commissioning [13]. - An independent consultant is preparing a technical report to assess the feasibility of processing Casposo's mineralized material, complying with NI 43-101 and JORC 2012 standards [2].