With the first shipment of copper concentrates having been delivered last month, the Louvicourt copper-zinc-gold operation appears to be safely on track.
The deposit, near Val d’Or, Que., is being developed by Aur Resources (TSE) and partners Teck (TSE) and Novicourt (TSE).
The concentrator was started up in July and surface construction is nearing completion. In addition, underground development is proceeding satisfactorily. In spite of the fact that reserves were cut by 41% in April, delineation drilling and underground exploration are under way — and, indeed, are expected to be ongoing for the remainder of the year.
Production is slated to increase at a steady rate until the second half of 1995, when the daily rate is projected to be 4,000 tonnes.
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