Gold hopeful Tombola Gold has struck a A$7.3-million agreement to acquire the Lorena mine and processing facility, in Queensland.
The Lorena gold project is located some 30km from Tombola’s flagship Mt Freda gold mine, and includes an integrated carbon-in-leach processing facility with a capacity of between 250 000 t/y to 300 000 t/y, a permitted tailing storage facility, permitted mining and exploration leases and an existing opencut gold and copper mine.
