Cacique Mining Inc. (GEGI) announces it is ready to launch phase one of its Guayaco project. The mine needs some initial development and some work needs to done with respect to infrastructure for transport, ventilation, and power supply. Juan David Perez Schile, comments, “the plan is to have the upgraded version in production within four months. We should have an initial output of 2000 grams per month. After that grow it up to 6000 grams per month. After year one, we intend to apply organic growth to scale from there.”
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