Toronto-based Exall Resources (TSE) has completed test mining on three areas of the Rio Yaqui placer gold project in Hermosillo, Mexico.
Results from one of the areas were positive and the company thinks a full-scale operation is possible. A production decision will be made within the next four weeks.
The other two areas did not meet the company’s volume and grade requirements and were subsequently dropped.
Currently, the company is reviewing two other placer operations and is modifying its processing plant.
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