Responsible Mining Solutions Corp. (RMS) and Atico Mining
Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF)
RMS and Atico jointly announce that they have successfully
completed the commissioning and hand-over of the Integrated
Tailings Dewatering Plant (“ITDS”) designed to receive flotation
tailings from the El Roble mill and processing facilities. Please
refer to Figure 01, for a visual overview of the plant.
Figure 1 - El Roble, ITDS during
Constructionhttps://www.globenewswire.com/NewsRoom/AttachmentNg/7fea6db8-b3d3-4302-b930-ee1f759eac73
The ITDS, completed in Aug-2021, has been
operational for four (4) months supporting i) Optimizing the
existing tailings storage volumes, and ii) deferral of capital
expenditures attributed to the construction of additional tailings
storage facility expansion.
This project was successfully delivered amidst
the COVID-19 pandemic and constitutes 3-years of conceptual,
feasibility engineering and extensive testwork campaigns. The ITDS
is designed to process 1,200 tonnes per day (D.S.) of copper
flotation tailings materials, increasing the density from 60-65%
w/w solids to 88% w/w solids. This process allows for a
geo-technically stable and competent filter-cake to be transferred
via truck-and-haul methods to the final disposal location adjacent
to the project.
A video of the process and final product can be
viewed here.
The ITDS consists of the following:
- A tailings pipeline extension from the mill and processing
facilities;
- A filter-plant utilizing modular, open-frame construction
techniques;
- Field services, tankage for slurry, process water, filtrate,
effluent management;
- A containerized Motor-Control-Centre (“MCC”);
- A reagent handling plant for filtration membrane cleaning;
- A single, CX5-80 ceramic disc vacuum filter;
- Filter-cake chute, transfer weigh-conveyor and incline stacking
conveyor;
- Filter-cake load-out and truck station;
Primary solid-liquid separation of the tailings
is undertaken by a ceramic disc vacuum filter, which has approx. an
80% savings in total energy consumption (tonnes filtered/kWh)
compared to conventional alternatives. This guiding design
principle, of minimizing environmental impact, is the common thread
throughout the project.
The efforts to transition El Roble’s tailings
management strategy to “dry-stacking” falls in line with the
industry paradigm shift to identify safer, economical alternatives
to handle waste from mineral processing activities including the
International Council on Mining and Metal’s new Global Industry
Standard on Tailings Management, and the Global Mineral
Professionals Alliance (incl. the Canadian Institute of Mining and
Metallurgy) Global Action on Tailings
This project also reduces the reliance of El
Roble operations on external freshwater resources, by recycling 75%
of mill process water without losses to the environment through
seepage and evaporation.
Delivered by two industry-leading Canadian
companies and with financial support by Export Development Canada
(“EDC”), this project is a Colombian-first, a significant technical
accomplishment, and a testament to the maturity and
forward-thinking of the Canadian mining Clean-Tech ecosystem.
To celebrate the completion of this project, RMS
and Atico had the honour of hosting a Canadian trade mission,
including the Mining Suppliers Association of Canada, the Trade
Commissioners Service and the Canadian Embassy in Colombia to the
El Roble mine in Nov-2021.
Figure 2 – Ambassador Marianick Tremblay, at the
El Roble
Minehttps://www.globenewswire.com/NewsRoom/AttachmentNg/254e44c7-3321-477a-8ec2-313256773f1c
This project represents the commitment of
Atico’s management team in investing smart capital in the El Roble
mine to ensure long-term viability of its mining and mineral
recovery operations. It is also further evidence of their
commitment to the surrounding community of Carmen de Atrato and
ensuring the health and happiness of those who live there.
A virtual 3D fly-through of the project can be
viewed here.
About Atico Mining
Corporation
Atico is a growth-oriented Company, focused on
exploring, developing and mining copper and gold projects in Latin
America. The Company generates significant cash flow through the
operation of the El Roble mine and is developing its high-grade La
Plata VMS project in Ecuador. The Company is also pursuing
additional acquisition of advanced stage opportunities. For more
information, please visit www.aticomining.com.
ON BEHALF OF RMS
Cameron Stockman DirectorResponsible Mining
Solutions Corp.M: +1 (778) 840-2773cstockman@rmscorp.ca
ON BEHALF OF THE ATICO BOARD
Fernando E. GanozaCEOAtico Mining
Corporation
Trading symbols: TSX.V: ATY | OTCQX: ATCMF
Investor RelationsIgor DutinaTel:
+1.604.633.9022
Disclaimer:
Neither the 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.
No securities regulatory authority has either
approved or disapproved of the contents of this news release. The
securities being offered have not been, and will not be, registered
under the United States Securities Act of 1933, as amended (the
‘‘U.S. Securities Act’’), or any state securities laws, and may not
be offered or sold in the United States, or to, or for the account
or benefit of, a "U.S. person" (as defined in Regulation S of the
U.S. Securities Act) unless pursuant to an exemption therefrom.
This press release is for information purposes only and does not
constitute an offer to sell or a solicitation of an offer to buy
any securities of the Company in any jurisdiction.
Cautionary Note Regarding Forward Looking
Statements
This announcement includes certain
“forward-looking statements” within the meaning of Canadian
securities legislation. All statements, other than statements of
historical fact, included herein, including without limitation the
potential benefits of the ITDS, are forward-looking statements.
Forward- looking statements involve various risks and uncertainties
and are based on certain factors and assumptions. There can be no
assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company’s expectations
include uncertainties relating to interpretation of drill results
and the geology, continuity and grade of mineral deposits;
uncertainty of estimates of capital and operating costs; the need
to obtain additional financing to maintain its interest in and/or
explore and develop the Company’s mineral projects; uncertainty of
meeting anticipated program milestones for the Company’s mineral
projects; the world-wide economic and social impact of COVID-19 is
managed and the duration and extent of the coronavirus pandemic is
minimized or not long-term; disruptions related to the COVID-19
pandemic or other health and safety issues, or the responses of
governments, communities, the Company and others to such pandemic
or other issues; and other risks and uncertainties disclosed under
the heading “Risk Factors” in the management's discussion and
analysis of the Company for the nine months ended September 30,
2021 filed with the Canadian securities regulatory authorities on
the SEDAR website at www.sedar.com. Readers should not place
undue reliance on forward-looking statements, which speak only as
of the date made. The forward-looking statements contained in this
release represent our expectations as of the date of this release.
We disclaim any intention or obligation or undertaking to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required under
applicable securities laws.
©2021 Responsible Mining Solutions Corp. All
rights reserved. "Responsible Mining Solutions” and “RMS” are
trademarks of Responsible Mining Solutions Corp.
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