September 2010 Pictorial Update
October 04 2010 - 9:22PM
PR Newswire (Canada)
PERTH, Western Australia, Oct. 5 /CNW/ -- /NOT FOR DISTRIBUTION TO
UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES/ PERTH, Western Australia, Oct. 5 /CNW/ - Over the 4 weeks
to 30 September 2010 considerable progress has been made on site
with construction and exploration. The first phase of grade control
drilling at Nugget Hill and Teberu was completed. Plant
construction continued to ramp up, as did infrastructure projects
associated with roads, tailings and water storage as follows: -
Mine Area Declaration approved by Mineral Commission; -
Construction works on the Nugget Hill to ROM pad road completed,
tailings dam to Nugget Hill roadworks continue; - Water storage dam
wall is finished on the western side and nears completion on the
east; - Tailings storage clearing completed; - Excavation of the
Ankobra pipe trench completed and the pipe fully installed; - Phase
I road construction continues with 4.6km of road completed. Phase
II road clearing continues; - Power poles moved to Phase I road and
installation of poles has commenced; - Ankobra pump control panel
installed, panel deck and cage near completion; - Ordering of
operational spares has commenced whilst the electrical operational
spares list has been finalised, and first fill reagents ordered; -
SAG Mill is floating (hydro dynamically) on bearings and SAG Mill
lube units have been installed; - Installation of crusher flywheels
and motor completed; - 415V and HV Switchroom buildings punch
listed and completed; - 415V MCC installation underway; - Workshop
steel 65% erected; - Goldroom pedestals completed and backfilled; -
Transfer station final lift formwork stripped; - CIL tanks
completed; - CV03 slabs poured; - Reagents shed steel erection
commence; - Committed some US$96m in expenditure of which we have
paid US$68m. Nzema remains on track for first gold pour in Q1 2011.
In the period to 30 October 2010, Adamus will be targeting the
following at its Nzema Gold Project: - Continue tailings dam
construction; - Install Ankobra River pump and commission pipeline;
- Finish installing culverts for Phase 1 Access Road; - Finish
clearing right of way for the Essiama to Phase 1 section of
powerline; - Complete top of CIL tank steel installation -
Commencing erection of plantsite Administration Building; -
Complete CV03 civil works - Fit the SAG Mill Ring Gear and install
the SAG Mill Main Motor. Further photographs appear on the
Company's website at
http://www.adamusresources.com.au/nzema-gold-project/construction-progress.html
About Adamus Adamus Resources Limited is a Perth-based company
developing a gold mine in Ghana, listed on Australian Securities
Exchange (ASX), TSX Venture Exchange (TSX-V) and Frankfurt Stock
Exchange Open Market (FSE). The Company's primary focus is on
exploring, realising and expanding the economic potential of the
Southern Ashanti Gold Project in Ghana, West Africa. The Project
encompasses approximately 665km(2) of tenure in the Ashanti Gold
Belt - host to over 100moz of gold and the Project boasts excellent
access to port and road infrastructure. Ghana is a stable West
African country with a long history and some of the world's largest
gold mining operations. Gold production is vital to the national
economy. Members of the Adamus Board and management team have
proven records in mineral exploration, project development and
project financing. Kind regards ADAMUS RESOURCES LIMITED (signed)
Mark Connelly Managing Director/CEO Neither TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. please see our
website: www.adamusresources.com.au or contact: Mark Connelly -
Managing Director/CEO, +61 8 9322 5943, email:
mark.connelly@adamusresources.com.au; For media enquiries contact:
Brian Thornton - Farrington National, +61 2 9332 4448, email:
bt@farrington.com.au
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