Minera IRL {CSE: MIRL} have announced a significant reduction in the capex and build time required for their new Ollachea mine in Puno, Peru.

By reducing the throughput to 1,500 TPD, a 50% cost saving and an 11 month time saving can be achieved.

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Minera IRL {CSE: MIRL} have announced a significant reduction in the capex and build time required for their new Ollachea mine in Peru.

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By reducing the throughput to 1,500 TPD, a 50% cost saving and an 11 month time saving can be achieved.

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Minera also state that they are in possession of the required licences to commence production at Ollachea, and are in discussion with two funds that are potential investors.

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To read the full article, which is in Spanish, please click HERE

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