Kilborn awarded Fort Cady contract

Operator of the project is Fort Cady Minerals Corp., a subsidiary of Corona Corp. (TSE). A corporate restructuring will see Fort Cady integrated into Avalon Corp., of which Corona is the major shareholder.

Construction of a plant is to get under way in 1990, with a production start-up later that year. Full production of 90,000 tons boric acid should be achieved during the second year.

A solution mining method will be used to extract the boric acid, which has application in glass- making and ceramics. Project reserves are estimated to be 147.4 million tons grading 6.4% boric acid.

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