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To: Trumptown who wrote (8419)	8/19/1998 9:45:00 AM
From: DR. MEADE	Read Replies (2) \| Respond to of 8798

NPEC news out ! At .025 ! ********Wednesday August 19, 8:32 am Eastern Time Company Press Release Pocone Brazil Gold Production Paul Baker, Mining Engineer, reports on the Pocone Gold Production as follows: VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 19, 1998-- Development Plan The Plan that has been followed was to build a Central Processing Plant at the Urbano Project Site which could process the concentrates from five 1,000 ton/day satellite flotation plants located in the Pocone vicinity. The Central Processing Plant is complete and contains a six-bedroom house, a well-equipped laboratory and a 600 sq. meter workshop as well as supporting the first of the 1,000 ton per day flotation plant. This Central Processing Plant is now 100% complete and we are now fabricating and building the second 1,000 ton per day satellite flotation plant. Flotation Plants Each flotation plant is designed to process 1,000 tons of ball milled material per day. This material contains 0.3 to 0.5 grams per ton of gold. The flotation plants reduce this material to a 200:1 concentrate. For each 1,000 tons of 0.4 grams per ton of material processed a 5.0 ton concentrate of 75.0 grams of gold per ton is produced. Pulp with a density of 40% by volume is made by adding 75,000 liters of water per hr. to the plant feed material. Four inch diameter by three inch diameter pulp pumps with a capacity of 2000 liters per minute are used to inject the pulp into the column flotation units. Since the flotation plant at the Urbano Project was completed, it has been operated at 300 tons of ball mill material per day, one third of its full capacity. This is the ''break even'' point for operating the plant. Previously, the tailings dam area and the return water system were not completed sufficiently to handle the full capacity of 1,000 tons of ball mill material per day (on hundred tons of pulp per hour) on a continuous basis. The tailings dam areas and the return water system are being upgraded to handle this full capacity volume. Gold Production Each flotation plant produces 300 grams per day (about ten ounces) of gold. This gold is contained in the 5.0 ton concentrate. Leach Plant The gold in the concentrate is leached using a cyanide system. The time required for leaching is twelve hours. The leach plant has a capacity of 150,000 liters, and is capable of handling the concentrates from five satellite flotation plants. The concentrates from these satellite flotation plants will be transported to the Central Processing Plant located at the Urbano Project site. Cost break-down Each flotation plant costs approximately $1,100 US per day to operate at a capacity of 800 to 1,000 tons of ball mill material per day. This cost does not include amortization of the initial plant cost. All required work at the Urbano Project to go to full production will be achieved within two weeks. Paul Baker, Operations, NP Energy Gold Project. ------------------------------------------------------------------------ Contact: NP Energy Corporation, Vancouver Paul Baker, 909/245-9498 ------------------------------------------------------------------------ More Quotes and News:NP Energy Corp (OTC BB:NPEC - news)Related News Categories: mining/metals, oil/energy ------------------------------------------------------------------------ Help ------------------------------------------------------------------------ Copyright c 1998 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments? To make changes, use the Back button on your browser, or press "Edit" Words that might be incorrectly spelled are highlighted in red. Your message has not been posted yet. You will still have 15 minutes to edit your message after you press "Publish"