IMC’s update on gold production at its Karaberd Gold Mine in Armenia announced this week was impressive. It is expected that with the addition of three more electrodes to the Masis plant and the laboratory reconstruction, 50Kg of gold will be produced over the next twelve months.
IMC continues to concentrate the grammes per tonne gold in its ore at the Megradzor plant (c. 4,000 tonnes per month) and to process gold to 0.997 purity at the Masis plant. It is expected that the addition of three more electrodes to the Masis plant and the laboratory
IMC is rapidly accelerating towards commercial underground mining operations in Armenia. Increasing the likelihood that we will achieve our 50Kg annual gold production milestone. #imcexploration#miningstocks#gold#rns
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reconstruction, that 50Kg of gold will be produced over the next 12 months. An extremely positive development for IMC.
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IMC continues to concentrate the grammes per tonne gold in its ore at the Megradzor plant (c. 4,000 tonnes per month) and to process gold to 0.997 purity at the Masis plant. It is expected that the addition of three more electrodes to the Masis plant and the laboratory
IMC continues with its gold production at its Karaberd Gold Mine in Armenia, also IMC has established a Mineral Resource Estimate (MRE) that includes c. 600,000 ounces of silver and c. 20,000 ounces of Gold at its spoils and tailings project in southeast Ireland. #imcexploration
IMC is now a gold production company with its Karaberd Gold Mine in Armenia, coupled with its Wexford gold results showing characteristics comparable to the Curraghinalt gold deposit in Co. Tyrone, a 6 million ounce gold resource. #gold#imcexploration#gold
According to analysts silver is one of the best preforming assets so far this year. IMC is in the enviable position of having a JORC compliant Minimal Resource Estimate (MRE) that includes c. 600,000 of silver at its spoils and tailings project in southeast Ireland. #imc
Analysts believe that gold miners have become one of the market’s most profitable sectors as higher gold prices have pushed margins to record highs. All very positive for IMC with its Karaberd Gold Mine in Armenia in production. #imc#imcexploration#gold
Market analysts believe China bought more than 150 tonnes of gold in June alone and that the Chinese demand for gold and silver is running 150% to 200% above last year’s levels. This is extremely positive for IMC with its gold production continuing in Armenia. #imcexploration
The demand for copper is greatly increasing as countries such as China and India continue to develop. Copper prices have recently reached record highs as IMC continues to make significant progress on its flagship copper project at Avoca in southeast Ireland. #miningstocks
Analysts are of the view that copper is the backbone of the green energy transition. IMC will be part of this, with its copper project in southeast Ireland, the total in situ resource at the Avoca Copper Mine on IMC’s property is reported to have exceeded 100 million tonnes.