Golden Saint Resources (LON:GSR) CEO Keng Seah updates Proactive on two of the company’s licences in Sierra Leone.
He said the work on building the vehicular road access to Baja Site 2 has been completed.
”That project has been completed and we’re happy with what we saw and now that the obstacle has been cleared it now allows us to bring our washing equipment to the site where the stockpile is”, Seah added.
On the Tongo licence, Seah said the water table in alluvial mining site 1 has subsided to a sufficiently low level, allowing water to be pumped from the designated pit, which is currently filled with water as a result of the recent wet season.
Keng Seah said: ”Completion of this exercise is expected in about a week, with the beginning of gravel extraction operations, at site 1, during the first half of November”.
Golden Saint has also been streamlining its service providers and reducing costs. From next January SVS Securities will become the sole broker to the Company.
Story by ProactiveInvestors