PanTerra Gold Limited (ASX:PGI) has announced the pouring of its first gold/silver dore at its Las Lagunas project in the Dominican Republic using world-first technology.
Executive chairman Brian Johnson declared it a significant event for the company, marking the first time in the world that precious metals had been extracted from refractory ores by means of the Albion oxidation process.
The first shipment of dore to Swiss refiners is set for next month, after which point shipments will arrive at weekly intervals.
PanTerra Gold is a 100% owner of the Las Lagunas project, which involves the reprocessing of high-grade gold and silver refractory tailings from the Dominican Republic's Pueblo Viejo mine, situated around 105km to the north of the capital city of Santo Domingo.
The tailings are the byproduct of the processing of refractory ores by state-owned Rosario Dominicana S.A., which has seen only poor recoveries of gold and silver via conventional treatments.