Conquest Mining Limited (ASX:CQT)
Perth, June 17, 2009 AEST (ABN Newswire) - Conquest Mining Limited (ASX:CQT)(PINK:CQMLF) has appointed Arccon Mining Services (AMS) to progress the Silver Hill project to a Definitive Feasibility Study (DFS) and, in parallel, to complete the Engineering Development and Procurement of long lead items for the project.
Conquest CEO Mr John Terpu said, "We have tasked AMS to complete the study to 80% engineering which will allow a more rapid transition to construction. This will enable production in the shortest timeframe possible and provide a higher degree of confidence in capital and operating costs estimates."
AMS will act as the Supervising/Coordinating Engineer to collect and review all the sub-consultants studies which are necessary for the completion of the DFS.
AMS will provide the skills and experience necessary to ensure the most practical approach to a process plant design which will optimise ore recoveries.
Mr Terpu stated, "Conquest has developed a low-risk approach to production by opting to produce a high-grade concentrate for sale and treating a low grade concentrate on site using a biological oxidation process. We have appointed an experienced team, including a senior metallurgist, and together with the AMS group we are confident that we can meet the start up target of late 2010."
Contact
John Terpu
Managing Director
Conquest Mining Limited
Tel: +61-8-9240-4111
Email: john@chellingtons.com.au
| ||
|
