Diamcor Mining Inc. (TSXV:DMI) completed expansion upgrades at the Krone-Endora at Venetia project. The expansion upgrades included the procurement, delivery, construction, and installation of the vast majority of equipment and infrastructure on the project.
As quoted in the press release:
These upgrades were part of the Company’s final preparations in anticipation of a planned move to 24/7 operations in the near future, and were completed as envisioned in the previously announced $4.0 million in additional financing from its long-term strategic alliance partner, world famous premier luxury jewellery and specialty retailer Tiffany & Co.
Diamcor Mining Inc. President and Chief Executive Officer, Dean H. Taylor, said:
I am very pleased with the commitment of our entire team who have again demonstrated their abilities by completing these significant upgrades in a very short period of time, despite dealing with the record rains and flooding which have been widely reported in the area throughout most of January. We are confident this additional equipment and infrastructure will further enhance overall results which have already been meeting or exceeding our expectations, and we are excited as these new upgrades will now enable us to now begin processing the larger +10mm material.