Salt Lake City, UT (PRWEB) January 09, 2012
Thermal Dynamic Gold Group management announced today that the preparation of the northern Nevada mine site plan engineering, transportation bids have been received, procurement of chemicals for alpha leach processing and servicing of leach circuit mechanical equipment is completed.
An inventory of head oars has been shipped and onsite for processing. Initial pre-production testing for gold recovery will be validated during the alpha test; beta test confirmation will begin upon completion of the alpha chemical processing runs.
All indications, as of this date, have confirmed the preliminary gold content evaluations, confirming economical commercial viability.
Preliminary engineering designs, procurement of components for validation of construction design costs and delineation, isolation of commercial design specifications for the thermal retort is ongoing. Non-destructive, industrial retort alloys have been isolated and scheduled for thermal and catastrophic testing.
Bench test prototype components have been determined and procurement is underway. Initial bench testing will begin within the next 30 days. Results will be provided upon completion.
Negotiations are underway for equity funding for the second phase of commercialization of the technology. A manufacturing site has been isolated and lease agreements are being prepared. Possession of the facility is scheduled for February 1, 2012.
Updates will be provided upon independent confirmation.
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