Gold Mining Equipment In Kenya Crushing Machinery

March 6, 2011 - PRLog -- All relevant documentation required for Aim-listed Goldplat to obtain a mining lease for its Kilimapesa Hill gold mine, in Kenya, had been approved, with the company now only waiting for the issuance of a mining right number.
The company told shareholders in a statement on zinc ore mining crusher Thursday that the Commissioner of Mines and Geology in Kenya, who had notified the company that the documents had been approved, has committed himself to assist the company in fast-tracking the mining lease issue.

Goldplat quoted the Commissioner as saying that the Kenyan government was positive about the granting of a mining lease for the project and that it viewed this as the start of a new era for gold mining in the country.
The director of survey had to issue the mining right number.
“This is fantastic news for the company and we are delighted that we will now be able to bring the Kilimapesa project into production,” said CEO Demetri Manolis.
The company has already talc powder production line started preparations for scaling up the operations at the project in anticipation of being granted a mining lease.
The Kilimapesa project was already able to produce about 3 000 oz/y of gold, but Goldplat could not proceed with commercial gold sales from the mine until the mining lease was obtained.

Goldplat plc, the AIM listed gold producer, has formed a joint venture to develop the gold potential of the highly prospective 213 sq km Lolgorien licence area located in the historically producing Migori Archaean Greenstone Belt in western Kenya, with a view of establishing a mining operation in the short term. The agreement marks the next stage in the Company’s strategy to create a mid-tier mining house focused on gold production, leveraged through revenue generated from its gold and PGM mining by-product processing operations in South Africa and Ghana.
Under the joint venture agreement with International Gold Exploration AB (“IGE”), a Swedish mineral exploration company quoted on the Oslo Stock Exchange, a new company will be formed in Kenya (“Newco”) into which IGE will provide the mineral rights and transfer all existing plant, equipment and buildings on the Lolgorien licence area. Goldplat will provide Newco with cash slag grinding machine and crusher and/or services and equipment to the value of US$400,000. Thereafter, each party will contribute equally to the costs of gold exploration and production and share equally in profits generated.
The Migori Archaean Greenstone Belt, where the Lolgorien licence area is located, is in the northern continuation of the Lake Victoria Goldfields, which hosts many major gold deposits. This includes Barrick’s multi-million ounce North Mara mine, which lies approximately 40 km to the southwest of the Lolgorien property. The neighbouring Macalder Mine, which produced 950 kg of gold between 1935 and 1966 and now has a resource of 1.24 million ounces (‘ozs’) gold, is currently being explored by a Canadian junior. The belt is exposed for 90 km along a northwest strike and is approximately 11 kms wide. The structure of the Migori belt is considered to be a broad syncline with Lolgorien situated on the southern, more highly strained limb.

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