03:00 Wed 08 Jul 2020
Scotgold Resources - Cononish Development Activities Update
("Scotgold" or the "Company)
Cononish Development Activities Update - Underground Development Recommenced and Mining Fleet Expanded
In a separate development, the Company is also pleased to announce it has reached an agreement with
The mine's former Care and Maintenance Team, which includes approximately half of the current mining team, is now engaged with the remaining earthworks activities. These include the Run of
The overall critical path activities remain: the process plant building, equipment installation and commissioning. Current activities are focussed on the building column pads, floor slabs and the preassembly of equipment support infrastructure. These are progressing well and the Company will provide further updates to the market, including a revised development schedule, in due course.
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
For further information please contact:
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Tel: +44 (0)1838 400 306 |
Nomad and Broker
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Tel +44 (0) 20 3470 0470 |
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