Production at the Zeravshan gold project in Tajikistan is scheduled to begin in early 1996.
Nelson Trade & Finance (TSE) has a 49% interest in the project, where construction of a carbon-in-leach plant addition to the Taror milling complex is under way at a cost of US$13 million.
The plant will treat up to 750,000 tonnes per year of oxide ore, grading 3.5 grams gold per tonne, from the Jilau deposit.
The company expects to produce 80,000 oz. per year at a cash cost of less than US$175 per oz.
Meanwhile, Nelson has commissioned a bankable feasibility study on a heap-leach operation at Jilau and a prefeasibility study on the Taror underground mining project.
Be the first to comment on "Nelson sets production date"