Ft Lauderdale, Florida 3/2/2010 7:50:00 AM
News / Business

Sandstorm Resources Announces Update on Luna Gold Corp.’s Progress at Aurizona Gold Mine

Sandstorm Resources Ltd. (TSX-V: SSL) has announces that Luna Gold Corp. started the commissioning of the gravity gold circuit at its wholly owned Aurizona mine in Brazil. Luna plans to produce gold from the gravity circuit and will save the tails to be additionally processed when the carbon-in-leach plant comes online in the 2nd quarter of 2010.

 

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Several highlights from progress are the completion of the tailings dam civil construction while the finishing works are in progress and they have gotten the construction of the carbon-in-leach plant underway which is expected to be completed in the second quarter of 2010. Mining has started in the Piaba pit and there are currently over 100,000 tons of ore stockpiled. The 39 kilovolt power line construction is also underway with completion expected in the second quarter of 2010.

 

Sandstorm Resources Ltd. is a growth focused resource based company that seeks to complete transactions with companies that have advanced stage development projects or operating mines.

 

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