Wednesday 7 December 2016

Mine in Scottish countryside offers golden opportunity

Published 03/08/2016 | 17:41

The Cononish Gold and Silver project is located in the Loch Lomond and Trossachs National Park
The Cononish Gold and Silver project is located in the Loch Lomond and Trossachs National Park

A mine is set to yield the first commercially-produced gold in Scotland.

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Scotgold Resources launched an ore processing trial at its Cononish Mine near Tyndrum, Stirlingshire, on Wednesday, described by the Australia-based company as " a very significant development" as it seeks to advance the plant to full production.

The Cononish Gold and Silver project received planning permission from the Loch Lomond and Trossachs National Park back in 2011.

The processing trial, using ore from its stockpile, will test the m arketability and profitability of Scottish gold.

It will target a reported "first pour" production of between 400 and 600 ounces during an initial six-month trial.

Scotgold chief executive Richard Gray said: "It is extremely satisfying to be able to celebrate this significant milestone with some of our long-standing stakeholders.

"The achievement of gold production provides tangible evidence of our progress and we appreciate the support of all our stakeholders in getting to this point."

Stirling MSP Bruce Crawford attended a ribbon-cutting ceremony at the mine to mark the milestone.

Press Association

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