DENVER, Dec 7, 2004 (BUSINESS WIRE) -- Apollo Gold Corporation (TSX: APG)
(AMEX: AGT) ("Apollo Gold" or the "Company") announces the completion of the construction phase of the Standard Mine and facilities near its Florida Canyon operations in Nevada. The Standard Mine is an open pit gold operation
utilizing typical heap leaching and carbon absorption mineral processing. The new mine
facility consists of a 3.2-million-square-foot lined leach pad, carbon plant and various mine facilities.
Pad loading began in October 2004, with heap leaching started in November 2004 and initial gold pours are planned before the end of the year. Production will be phased up throughout 2005 with total production planned at over 40,000 ounces of gold for 2005.
Apollo Gold President and CEO R. David Russell said, "The completion of Standard Mine construction and beginning of production represents a key milestone in Apollo's plan for profitability and growth. Standard represents our commitment to the continuing operations in Nevada and should contribute to the growth of Apollo Gold."
(AMEX: AGT) ("Apollo Gold" or the "Company") announces the completion of the construction phase of the Standard Mine and facilities near its Florida Canyon operations in Nevada. The Standard Mine is an open pit gold operation
utilizing typical heap leaching and carbon absorption mineral processing. The new mine
facility consists of a 3.2-million-square-foot lined leach pad, carbon plant and various mine facilities.
Pad loading began in October 2004, with heap leaching started in November 2004 and initial gold pours are planned before the end of the year. Production will be phased up throughout 2005 with total production planned at over 40,000 ounces of gold for 2005.
Apollo Gold President and CEO R. David Russell said, "The completion of Standard Mine construction and beginning of production represents a key milestone in Apollo's plan for profitability and growth. Standard represents our commitment to the continuing operations in Nevada and should contribute to the growth of Apollo Gold."
