Newlox Gold Ventures Corp. announced to view a CEO Clip posted on the official Newlox Gold YouTube channel updating investors on construction at the Boston Clean Gold Project, which is Newlox Gold's second gold recovery operation in Costa Rica. Recently, the Company's construction team fabricated the fine ore bin on site at the Boston Project, which will be fed freshly crushed material from the recently installed primary crusher and vibratory classifier.
This equipment represents the first stage of processing at the Boston Project and will feed crushed material to the milling and flotation circuits that are being installed. Earlier the year 2022, the Company completed construction of a loading ramp capable of supporting heavy dump trucks used for feedstock delivery, fabricated the feedstock chute, moved fixed equipment to site, installed and upgraded water recirculation and treatment systems, and began the fabrication and installation of material handling infrastructure. Newlox Gold's construction contractors have made significant progress recently at the Boston Project and anticipate the completion of construction later this fall. Following the commissioning and testing phases,
the Boston Project will provide a no mercury use environmentally positive mineral processing option for local miners, providing economic, environmental, and social benefits to local stakeholders while generating value for Newlox Gold's shareholders. The Boston Project, the Company's second environmentally and socially positive precious metals recovery plant, will process feedstock newly extracted from the Boston Mine by the Company's local mining partners. Newlox will operate the new Boston mill to process 150 tonnes per day of material grading +- 15 grams per tonne gold with anticipated gold recovery of 90%. All feedstock is to be provided by the Company's mining partners, with profits to be split evenly between the parties.