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Petaquilla Minerals said Monday that the wet commissioning of the gold production facility at the Company's 100% owned Molejon gold deposit in central Panama has begun.
The ball mills and other critical equipment are now being tested prior to the commencement of production. The first gold pour has been scheduled for the latter half of Dec.
The Company also reports that the National Authority of the Environment (ANAM) on November 26, 2008, issued Resolution DIEORA IA-809-2008, which approves the Environmental Impact Study Category III, submitted by Petaquilla Gold, S.A., for the implementation of the Molejon Mining Project and adds other measures mandated by the ANAM.
The next step in the preproduction process is the electro-mechanical operation of the plant which is scheduled for early December.
The Company will update shareholders on a regular basis as the full commissioning date approaches.
(END) Dow Jones Newswires
12-01-08 0240ET
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