Monarques Gold has reported positive results from a feasibility study of its Wasamac gold project 15 kilometers (km) west of Rouyn-Noranda, Quebec. The study describes an economically viable project, provides the basis for making a production decision, and serves to fully support the permitting and financing processes.
Under the study’s base case assessment, Wasamac would be a 6,000-metric-ton-per-day (mt/d) underground mine, integrating Rail-Veyor technologies and a paste backfill system to a top-down mining approach, feeding a process plant 2 km from the mine site, with neutral dry-stacked tailings disposal some 5 km further on so as to minimize the project footprint locally.
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