Thursday, June 10, 2010

Apollo Gold (TSE:APG) (AMEX:AGT) Starts Black Fox Mine Work

Apollo Gold (TSE:APG) (AMEX:AGT) has launched construction at its Black Fox Mine near Timmin, in preparation for mining underground ore, scheduled to start sometime in the third quarter of 2010.

Already completed at the projects are the electrical and engineering design work, along with the concrete foundations built for surface facilities, including the ventilation raise bore pad.

On order are also equipment needed to carry out production like three jumbo drills, three scoop trams, one 40-ton capacity haul truck and two 50-ton capacity haul trucks.

Those are scheduled to arrive in the third quarter, with production expected to reach about 750 tons a day by the latter part of 2010.

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