Desert Sun Gets Gold from Reactivated Mine in Brazil

Canada-based gold mining company Desert Sun Mining Corp. poured the first gold from its reactivated Jacobina Mine in the state of Bahia in northeastern Brazil using ore from mine development.

The processing of development ore began in early March with approximately 50,000 tons milled to date. Gold from production ore will begin later in the second quarter.


“This gold pour is the culmination of months of work by the dedicated team of people who are responsible for the smooth development of this project,” commented Bruce Humphrey, Desert Sun’s Chief Executive Officer.


“We are proud to announce this pour in the first quarter of 2005, ahead of schedule. We will continue mine commissioning and expect to ramp up to steady state annual production of 100,000 ounces of gold by the third quarter of this year, and will focus on our development projects that could facilitate a production expansion in 2006 and 2007.”


Desert Sun Mining is a Canadian gold mining company listed on the Toronto Stock Exchange and the American Stock Exchange with 100% ownership of the Jacobina Mine and the 155 km long Bahia Gold Belt in the state of Bahia, in northeastern Brazil.


Proven and Probable mineral reserves are 14,378,000 tons at 2.12 g Au/t containing 980,000 ounces of gold.


As a result of the Desert Sun’s exploration programs to date, Measured and Indicated resources total 24,800,000 tons at 2.53 g Au/t containing 2,050,000 ounces of gold, and Inferred Resources total 22,200,000 tons at 2.61 g Au/t containing 1,900,000 ounces of gold. The mineral reserves are included within the Measured and Indicated mineral resources.


Desert Sun Mining Corp.
www.desertsunmining.com
  
Business Wire

Tags:

You May Also Like

Brazilian Ceramic Handcraft for Export

Decoration items produced by a group of artisans from the southeastern Brazilian state of ...

Brazil to Appeal Shrimp Surcharges After US Election

American fishermen filed a suit with the United States Department of Commerce against six ...

Wages and Jobs Are Up in the Brazilian Industry

The actual payroll of industry workers in Brazil has increased by 1.3% in July ...

Brazil Creates Fund to Collect Fines for Eco Damages

Brazil’s National Environmental Compensation Fund was launched Thursday, March 16, by the Brazilian Minister ...

Hotel Show in Dubai to Bring US$ 1.8 Million to Brazilian Firms

The Hotel Show, a fair in the hotel sector that ended Tuesday, June 6, ...

RAPIDINHAS

Serious remaining economic and social challenges notwithstanding, Brazil appears to have ‘arrived’ although Brazilians ...

Brazil Sees Silver Lining of World Crisis: a More Realistic Dollar

Brazil's currency may not strengthen to previous levels because of ongoing global market turmoil ...

Brazil: Good News from Congress Stir Up Market

Brazilian markets went up, as economic news provided a focus. In the U.S., October ...

After American Recall Brazil Halts Processed Meat Exports to US

Brazil’s Agriculture ministry informed that it will send a team of experts to the ...

Indian Lands in Brazil Help Prevent Deforestation as Much as Parks

Indian lands in Brazil contribute as much to the prevention of deforestation as do ...