Posted in | Gold | Mining Business

True Gold Achieves First Production at Karma Gold Mine

True Gold Mining Inc. ("True Gold" or the "Company") is pleased to announce that it achieved first production at the Karma gold mine on April 11, 2016, a few weeks following the start of leaching of ore.

"Today is a great achievement for everyone that has been involved in building the Karma gold mine," said Christian Milau, President & CEO of True Gold. "This achievement is a direct result of the hard work and dedication of the management team and employees, Board of Directors, our suppliers and financing partners, as well as the strong support of the Government of Burkina Faso and local communities. We would also like to thank our shareholders who have supported our vision of building an intermediate gold producer. We have achieved this via the combination with Endeavour Mining Corporation. Our shareholders will continue to participate in Karma's success as significant shareholders in a diversified, growth oriented intermediate gold producer. We are delighted to pass this key milestone at the Karma mine and are now focused on the ramp up period towards achieving commercial production."

David Laing, MIMMM Chief Operating Officer of True Gold is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and verified that the technical information contained in this release is accurate and approves of the written disclosure of same.

About True Gold

True Gold Mining Inc. is where gold comes to life. We are committed to growing a successful gold production company, by focusing on projects with low costs, low technical risks and solid economics. The Company's board, management and technical teams have proven track records in gold exploration, development, and production worldwide.

ON BEHALF OF THE BOARD

Christian Milau, President & CEO

Source: http://www.truegoldmining.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit