Troy Completes Plant Commissioning at Karouni

Troy Resources Ltd. has completed commissioning of the processing plant at its Karouni gold project in north-central Guyana, where construction activities began in February. The mill was the last major project component to be put through the commissioning process, undergoing an extended performance test under full load conditions. Operating at steady state, all pressure and temperature readings were recorded within specified limits.

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GoldQuest Launches PFS for Romero Gold-Copper Project

GoldQuest Mining has commissioned a prefeasibility study (PFS) and a subsequent feasibility study of its 100% owned Romero gold-copper project in the Dominican Republic. Work on the PFS began in November and is scheduled for completion in the second quarter of 2016. The feasibility study will begin immediately upon completion of the PFS, with completion scheduled before the end of 2016.

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Pilot Tests Produce Ferronickel for Horizonte

Horizonte Minerals announced in early November completion of an integrated rotary kiln-electric furnace pilot plant campaign on ore from its 100% owned Araguaia laterite nickel project in Parà state, Brazil. The pilot campaign was conducted at the Morro Azul pilot plant in Minas Gerais state. The Morro Azul plant was originally built by Anglo American and is now operated by Morro Azul in association with IGEO of Sao Paulo, Brazil. The facility has been used by a number of major nickel companies, including Vale and Anglo American, for pilot test work, staff training and final product testing.

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Timmins Gold Acquires Process Plant for Ana Paula

Timmins Gold has agreed to buy the complete process plant and select auxiliary equipment used in the operation of Goldcorp’s El Sauzal mine in Chihuahua, Mexico for relocation to Timmins’ Ana Paula project, currently being developed in Guerrero, Mexico. Total purchase price is C$8 million. Closing of the transaction is subject to, among other things, completion of a C$6 million investment by Goldcorp in Timmins Gold by way of a non-brokered private placement.

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