Ausenco Engineering hired to do upgrading study on Kidd Met site
Montreal’s Monarch Gold has retained Ausenco Engineering of Toronto to carry out an upgrading study on the Glencore’s Metallurgical Site (Kidd Met) near Timmins.
The study is part of a memorandum of understanding announced in May with Glencore, owners of the smelter.
Monarch Gold is bringing its Wasamac property in western Quebec into production and is looking for a processor to treat ore mined from the Wasamac deposit, 15 kilometres west of Rouyn-Noranda. The ore would be railed from the mine site to Timmins for processing into dore bar.
The upgrading study is due out by October.