ECU:CA reports that it is receiving payments on the sale of its pyrite/gold concentrate stockpile. The gold/pyrite concentrate is being shipped and processed at a metallurgical plant in the United States, owned by a global mining company. Shipments are planned at a rate of 1,500 to 2,000 tonnes per month, equivalent to approximately 965 to 1,285 ounces of gold per month.
“The sale of our gold concentrate is an important step for ECU as it provides the Company with an added stream of cash as well as establishing a synergistic relationship in selling our gold/pyrite concentrate to a metallurgical facility that is ideally located and suited for the treatment,” commented Stephen Altmann, President of ECU.
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or Mark Butler,