Halifax, Nova Scotia, June 5, 2008 � Etruscan Resources Inc. (EET.TSX) reported today that its Youga Gold Mine, located in Burkina Faso, West Africa recovered approximately 7,800 ounces of gold and poured in excess of 6,200 ounces during the first three month ramp up period. Production statistics and solution grades are showing steady improvements and the gold recovery plant is operating at projected efficiency with an average gold recovery of over 92%. Gold production is scheduled to increase over the next 6-8 weeks as plant throughput and grades reach forecast levels. At design capacity the Youga Gold Mine will be processing 83,000 tonnes per month and recovering an average of 6,700 ounces of gold per month.
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Etruscan Resources Inc.
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CODE : EET.TO |
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ISIN : CA29786L1022 |
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Etruscan Res. is a producing company based in Canada. Etruscan Res. is listed in Canada and in Germany. Its market capitalisation is CA$ 166.1 millions as of today (US$ 165.6 millions, € 127.6 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 4.48, and its lowest recent point on July 17, 2009 at CA$ 0.18. Etruscan Res. has 338 894 000 shares outstanding. |