Newlox Gold Ventures Corp. announced that the Company has made significant progress at the Boston Clean Gold Project, which is slated to become Newlox Gold's second environmentally and socially responsible precious metals project in Costa Rica. The construction team anticipates project completion by the end of calendar 2022, with testing and commissioning work to begin in the new year.

Earlier this year, the Company completed the procurement of major equipment, the building of the plant structures, the construction of a loading ramp capable of supporting heavy dump trucks used for feedstock delivery, fabricated the feedstock chute, moved fixed equipment to site, and installed upgraded water recirculation and treatment systems. During the fall, Newlox Gold's construction team moved on to fabricate the fine ore bin on-site at the Boston Project, which will be fed freshly crushed material from the primary crusher and vibratory classifier. The addition of this equipment represented the last stage of major equipment fabrication. It allowed the team to move ahead with the final installation of equipment on the concrete pad and inertia blocks.

With the equipment now positioned at the site, the final installation of material handling systems is underway. Principally, custom-made conveyor systems are currently being installed to connect the dry portions of the processing plant, while slurry pumping infrastructure is also being fabricated and installed to move liquified feedstock through the plant. Newlox's operations team expects the commissioning and testing of the new processing facility to take approximately 1.5 months, followed by a gradual ramp-up of operations and precious metals recovery over the year.

Simultaneously, the Company's local mining partners are undertaking upgrade work at many of the nearby tunnels in anticipation of delivering feedstock to the new facility.