Shareholders and friends,
As we announced yesterday, due to a delay in delivery from China of four support rollers for our kiln, Largo has pushed out its commissioning date by approximately one month to February 2014 (click here for full release).
While we are disappointed by this slight delay, we are very encouraged by the progress that we have made to date and that all other system areas are continuing on track. These will all be complete, dry and wet tested, and ready for operation by completion of the kiln in February.
We have also seen significant reduction in our operating costs due to a substantial reduction in the Brazilian real and other general operational improvements.
We continue to see Maracas get better and better from an operational standpoint and we are greatly looking forward to commencing production in the first quarter of 2014.
As we progress with construction at the project site, we will continue to update you on our progress.
See below the latest photos of recent activities at the Maracas Project.
(Above: AMV filter being placed onto its platform in the main plant area)
(Above: Leaching filter being placed onto its platform in the leaching and regrind area)
(Above: Live rings for the kiln arriving at site) To view all the latest pictures from Maracas visit our Photo Gallery: http://www.largoresources.com/projects/maracas/photo-gallery/default.aspx...
We generally update photos weekly.
Trouble viewing this email? Please click here
Continue to Follow, Like and Watch our progress!
Web: www.largoresouces.com
Twitter: @LargoResources1
Facebook: Largo Resources
YouTube: LargoResources
Contact us:
Phone 416-861-9406
Email info@largoresources.com
-------------------
To unsubscribe from this list please visit the email alert section of the Largo site.
|
Largo Resources Ltd
|
|
DEVELOPMENT STAGE |
CODE : LGO.V |
ISIN : CA5171031076 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Largo Res. is a gold and copper exploration company based in Canada. Largo Res. develops gold, copper and tungsten in Brazil, and holds various exploration projects in Canada. Its main asset in development is CURRIAS NOVO in Brazil and its main exploration properties are MACUCHI in Ecuador, MARACAS in Brazil and NORTHERN DANCER in Canada. |