Market Watch
First Bauxite Corp. Announces Completion of Bonasika Bauxite Project Feasibility Study Update
Edited by : AL CIRCLE
1 min read
FIRST BAUXITE CORPORATION is pleased to announce the completion of the update on its Bonasika Bauxite Project Feasibility Study and to report significantly improved results by the inclusion of the Bonasika 6 and 7 deposits in the economic analysis. The Company has been working for the past year on optimizing and updating the Bonasika Feasibility Study announced last year, to mine refractory grade bauxite and produce 100,000 tonnes per year of bauxite sinter from its 100% owned Bonasika Project in Guyana, South America. The recently completed Bankable Feasibility Study Update ("BFSU") was prepared by Met-Chem Canada Inc. ("Met-Chem") under the supervision of G Mining Services ("GMining"), both of Montreal, Canada who were supported by a group of independent consultants with specialist expertise in critical sections of the project and First Bauxite personnel.
Grow with
AL Circle
