14.06.2010 | Editor: Marcel Dröttboom
Vancouver, Canada – On June 14, 2010, Terrane Metals announced the signing of a letter of intent with Amec Americas and Fluor Canada to provide engineering, procurement and construction management services for its 100 percent owned copper-gold Mt. Milligan project, 150 kilometres northwest of Prince George, British Columbia, Canada.
Amec and Fluor will jointly provide the engineering, procurement and construction management (EPCM) services to the Project through their British Columbia Mining Joint Venture. Key components of the Project include a 60000 tonnes per day copper flotation process plant, tailings storage facility, plant ancillary facilities, 92 kilometres power transmission line and a construction camp for 600 persons. The first phase of a 30-month construction program is currently under way. Subject to final documentation, personnel of the British Columbia Mining Joint Venture will be on-site by the end of June. Mt. Milligan will be a conventional truck-shovel open pit mine with a 60000 tonnes per day copper flotation process plant. The first six years of the 22-year mine plan are designed to accelerate the extraction of near-surface and higher-grade gold reserves with production forecast to average 262100 oz per year. Mt. Milligan will provide about 400 direct permanent jobs and significant long-term economic benefits for the region.
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