Scope of Work
Condor Gold published its PreFeasibility Study for the La India Gold Project, located 70 km north of Managua, Nicaragua. The study reported the mine had the potential to produce 81,524 ounces of gold per annum for the initial six years for a relatively low total upfront capital cost of US$106 million.
GRES (formerly HEA) was awarded the feasibility-level engineering, procurement, and cost estimating scope for the 2,429-tpd carbon in pulp (CIP) gold processing facility in June 2021. Following the successful completion of this scope, GRES was also awarded the feasibility-level engineering for the entire site infrastructure.
Storm water management and capital cost restrictions were among the key challenges presented by this project. After completing the base scope, GRES was asked to perform a capital cost reduction exercise. By transitioning from conventional installations to mobile crushing/material handling equipment and shipping container-based buildings, GRES was able to reduce the total project cost by nearly 30%.
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