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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (28370)	11/3/2008 10:17:27 PM
From: LoneClone	Read Replies (1) \| Respond to of 193521

Cluff Gold pours first gold in Burkina Faso miningweekly.com By: Esmarie Swanepoel Published on 3rd November 2008 JOHANNESBURG (miningweekly.com) - Aim-listed West African gold mining company Cluff Gold has poured its first gold at its Kalsaka gold project, in Burkina Faso, making it the first British company to do so. “We are delighted to announce that the first gold pour has taken place at our Kalsaka project,” said Cluff Gold technical director Douglas Chikohora. Chikohora noted that the formal opening of the mine, which was attended by Prime Minister Tertuis Zongo, was a further milestone for the company because it was a confirmation that it had achieved its objectives of brining the two mines into production. “We are optimistic that we will be able to achieve a production rate of 100 000 oz of gold in 2009, and will generate cash flow,” he added. Kalsaka was the second gold project that Cluff Gold had put into production this year. The first was its Angovia gold mine, in Cote d’Ivoire. The two projects were expected to produce 100 000 oz of gold on a yearly basis from 2009, and Cluff Gold was in the process of consolidating and extending the production of both mines through a systematic evaluation of known satellite deposits. The Kalsaka project is located about 150 km north-west of Quagadougou, the capital of Burkina Faso. The project has a measured and indicated resource of 634 000 oz and an inferred resource of 157 000 oz.