Apollo Gold Updates Market on Progress at its Black Fox Mine and Mill Complex
Tuesday, May 5th, 2009
Apollo Gold Corporation is pleased to update the market on progress at its Black Fox project and in particular the commissioning of the recently upgraded mill.
On March 26, 2009, we announced the following: “We started mining from the Black Fox mine in March 2009 and expect to commission the upgraded Black Fox mill in April 2009 with an objective of reaching a throughput rate of 1,500 tonnes per day by the end of May 2009”.
We are pleased to report the following:
Open pit operations commenced at the Black Fox project with the first blast on March 18, 2009 and to date we have mined 240,000 tonnes of material of which 75,000 tonnes was ore. 16,000 tonnes of this ore has been crushed and transported to the Black Fox mill which is 26 kms west of the mine site.
The commissioning of the upgraded mill commenced in mid April utilizing an existing low grade ore stockpile and it has progressed steadily throughout the month. As of today, we can report that the Black Fox mill, with the exception of the new ball mill, has been tested and is currently processing ore at a rate of approximately 700 tonnes per day. Final commissioning of the new ball mill is ongoing and we expect to have it on line within the next seven days, at which time we will be processing normal grade open pit ores. Once the new ball mill is on line, we expect the throughput rate will be slowly increased towards our primary objective of 1,500 tonnes of ore per day by the end of May as previously forecast.
Overall, Black Fox remains on schedule and within budget. The first gold pour and sales are scheduled to occur prior to the end of May as Black Fox becomes the newest gold producer in the Timmins District.
For further information visit: www.apollogold.com