Dual-listed Eldorado Gold is starting construction of a 3 km decline at the Lamaque gold mine, in Quebec, Canada, and says it is considering more projects to further grow production at the mine.
The company is investing $24-million in the decline project, which entails a tunnel between the Sigma mill and the 405 m level of the Triangle mine.
The decline will eliminate surface re-handling of ore and do away with a 26 km roundtrip to haul ore from the mine to the mill.