Work Advances At American Bonanza Recovery Plant
American Bonanza Gold Corp. (TSX:BZA) has reported that its contractor, RAM Specialists, has delivered the entire milling and flotation circuits to a facility in Globe, Arizona. Work is currently focused on refurbishing plant components and finalizing engineering for the mill site at the 100% owned Copperstone gold mine in Arizona.
The current work includes replacing control panels, pumps and motors, and sandblasting and painting. Work is progressing on updating the engineering plans for the mill and mill foundation. Upon completing the modernization and design work, RAM will transport and reassemble the mill at Copperstone, expected to commence in early April.
Work has also started on the rehabilitation of the existing buildings and other infrastructure at the Copperstone mine site including updating the electrical supply systems. Bonanza has drilled geotechnical holes to obtain information required for designing the foundation for the crushing plant in anticipation of the full construction phase.
The manufacturer of the recently purchased Nordberg cone crusher, J.W. Jones Company, has started fabrication of the main frame of the cone crusher platform. J.W. Jones Company has reported to Bonanza that construction of the cone crusher is on schedule and will be delivered in May, as expected.
American Bonanza Gold Corp. is working to re-activate mining at the preproduction-stage Copperstone gold mine in Arizona. Bonanza has approximately 180 million shares outstanding and is well financed with no debt and no hedges.
Posted March 8, 2011
