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Additional Information
Market: ASX
Sector: General Mining - Gold
EPIC: PGI
Latest Price: A$0.15  (3.45% Ascending)
52-week High: A$0.20
52-week Low: A$0.13
Market Cap: A$96.04M
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PanTerra Gold
panterragold.com/site

PanTerra Gold (ASX: PGI), formally known as EnviroGold, is a near term gold producer at its Las Lagunas project in the Dominican Republic with construction scheduled for completion in December 2011. The project has an expected life of seven years at an annual production rate of 65,000 ounces of gold and 600,000 ounces of silver.

 

PanTerra Gold is also active in Ecuador with the advanced Azuay Gold Mining project and the San Gerardo Gold Mining prospect. At the Azuay project, construction is targeted to commence in mid 2012.

Full PanTerra Gold profile here
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EnviroGold makes appointments ahead of gold and silver production at Las Lagunas

7th Sep 2011, 5:27 am

EnviroGold (ASX: EVG) has strengthened its management team in the Dominican Republic ahead of gold and silver production early next year at the Las Lagunas gold tailings project.

The company has apointed Franz Ulloa as general manager and Ernesto Castillo as operations manager.

Ulloa will have ultimate responsibility for profitable operation of EnviroGold’s Las Lagunas gold tailings project, overseeing exploration activities and feasibility studies on the La Yagua, La Pacienca and Fuerte concessions, and for administration and Government relations.

Since 1995, Ulloa has acted as Country Manager in Costa Rica for Canadian companies, including Placer Dome Inc, managing mid-sized gold mining operations with up to 400 employees. He also managed significant exploration programs for U.S. companies, including Phelps Dodge.

Castillo will be responsible for the operation of the Las Lagunas Albion/CIL process plant where his extensive experience should be invaluable in optimising gold grade in flotation concentrates, prior to their feed to the plant.

Castillo has been focussed on supervision of operations for large scale (100,000 tonnes per day) copper/gold concentrators for companies such as Southern Peru Copper Corporation and the Hothschild Group, in Peru.

Brian Johnson, executive chairman of EnviroGold, said interviews were being conducted in order to appoint a CEO to be based in Canada, and a general manager in Ecuador, both with a mining background and experience in Latin America.

EnviroGold successfully completed a “trial mining” exercise on its Las Lagunas gold tailings project in the Dominican Republic in August.

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