🕐08.04.10 - 23:00 Uhr
Minefinders Receives Positive Assessment Of A Mill Addition At The Dolores Mine
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News Release - April 8, 2010
Minefinders Receives Positive Assessment Of A Mill Addition At The Dolores Mine
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(All figures are in United States dollars unless otherwise stated)
Vancouver, British Columbia April 8, 2010 Minefinders Corporation Ltd.
is pleased to report that it has received the results of an independently prepared draft pre-feasibility study (the study) assessing the addition of a mill at its Dolores Mine in Mexico.
The mill addition scenario contemplated in the study represents one of a number of mill options under consideration by Minefinders.
The results of the study support, and the Board of Directors has approved, progression to a detailed feasibility study on a mill addition at Dolores.
In advancing the feasibility study, additional mill options will be reviewed and evaluated in the context of the economic considerations pertinent to Minefinders prior to a construction decision.
Once Minefinders has reached a decision with respect to a mill addition, a technical report supporting the decision will be filed.
We are very satisfied with the results of the study which has confirmed our expectation that the addition of a mill would be of benefit to the operation, said Mark Bailey, President and CEO.
We are committed to responsible growth at Dolores and are progressing on that basis.
Minefinders is in the enviable position of having a profitable heap leach operation at Dolores which allows us to be thorough in investigating and considering a number of mill options.
These include scenarios with lower initial capital costs that both capture the high grade ore in the open pit and provide the infrastructure necessary to develop a new underground mine at Dolores in the future if it is prudent to do so.
To read the complete news release, please see our web site at http://minefinders.com/_resources/nr/MFL-NR-4-8-10-FINAL.pdf
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