Olympus Pacific Minerals Inc. ("Olympus" or the "Company") (TSX: OYM, ASX: OYM, OTCBB: OLYMF, and Frankfurt: OP6). David Seton, CEO is pleased to announce that the Company has successfully poured its first gold doré bar weighing 11.1 kilos at the newly commissioned Phuoc Son Gold Plant on June 22, 2011. This is the first doré bar delivered entirely from the new Phuoc Son facility. Previous production from the plant had been processed through the Company's Bong Mieu Gold Room while technicians finished commissioning the Phuoc Son gold room. Photos of the Phuoc Son Gold Pour The Phuoc Son Gold Plant is SE Asia's most modern state of the art gold processing facility with plated capacity of 500 tons per day with features incorporated to allow increased capacity to 1000 tons per day with minimal capital expenditure. Vietnam production in 2011 is forecast to range between 40000 and 45000 ounces, which will generate net operating cash to continue exploration and development over our four core properties located in Vietnam, E. Malaysia and the northern Philippines. Corporate Social Responsibility Olympus is a gold exploration and production company employing some 1200 employees of which 90% are Vietnamese. The Company offers excellent wages and benefits in the safest possible work environment. The Company believes in Corporate Social Responsibility and cares about the employees and the people who live and work around its mining operations. The Company has contributed to the ...
Tags: gold, OLYMPUS PACIFIC MINERALS INC.
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