The wash plant consists of a wash trommel, cone crusher, hydro-cyclone, separation spirals, jigs, shaking tables, conveyor belts, rotary dryer and magnetic separation unit. The wash plant design recovers so-called critical metals, such as tantalum and tin (as a by-product), from soft, weathered pegmatite hosted ore bodies, using water, and gravity separation processing techniques. The final tantalum product will initially be sold in-country, where a number of international metal buying companies are established and have operated for a number of years. The benefit to the Company from in-country sales is no shipping requirement for the final product and payment terms providing immediate funds for continuing operations and expansion.
Testing and commissioning of the wash plant is being undertaken with a view to achieving the targeted feed rate over the next few weeks. Initial test work has identified areas which required minor adjustments to improve product flow; but, the overall objective of separating out the heavy metal minerals by gravity separation techniques has been successfully achieved. Significantly, the preliminary test work to date has indicated that the Company is able to recover the fine to very fine grain size portion (sub 1 mm) of the mineralisation, which is in line with the recent Government mandate to improve metal recoveries within the mining sector. During the commissioning exercise tailings previous generated by the artisanal mining undertaken by our local partner have been washed, with primary ore expected to be excavated and processed within the next week. The area of initial mining occurs only 400m from the wash plant. Pending site visits, by our designated process engineers/consultants, will likely further optimise the plant for improved recoveries.
Ancillary works completed on site include the construction of tailing settling ponds and a holding tank for the plant processing water, construction of the access road to the start-up mining area, acquisition of the land where the operations will start in accordance with government guidelines, and construction of a water pumping station on the near-by stream. Also, connection to the mainline electrical power grid was completed in early September, which will provide for lower plant operating costs as compared to a diesel powered genset.
The Directors accept responsibility for this announcement.
For further information, please visit https://www.equatorialmining.com or contact:
Aquis Stock Exchange Corporate Adviser:
Tel: 0203 772 0021
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