Ausenco Engineering hired to do upgrading study on Kidd Met site
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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.
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