Infinito Gold aiming for Costa Rica output in 2012

Canada's Infinito Gold said its Crucitas gold mine has been set back 23 months by legal challenges in Costa Rica and is now aiming for production in the first quarter of 2012.

 

A tribunal will decide on Dec. 6 whether to lift the measures that have closed down the mine, which has indicated resource of 1.2 million ounces.

 

"If the court allows, the next day we will be starting construction. In the best case scenario, our first ounce will be processed in February or March of 2012," a Crucitas spokesman said.

 

Original source: Reuters