TORONTO, ONTARIO, Apr 13, 2010 (MARKETWIRE via COMTEX) -- Garrison International Ltd. /quotes/comstock/11v!e:gau (CA:GAU 0.10, +0.01, +11.11%) ("Garrison") is pleased to announce that it has appointed Consep International Ltd. ("Consep") to establish a turnkey gold plant at Garrison's Tovshiir gold project in South Eastern Mongolia.
Consep is a world leader in the production of high-tech gold plants. The Consep edge revolves around producing a concentrate from ore that undergoes intensive cyanide leaching in a closed circuit system. As compared to most other approaches and technologies, Consep's patented 20 tonne per day closed cyanide-electrowin circuit uses a small quantity of chemicals.
Test work conducted to date using the Consep gravity - leach system on test ore from the Tovshiir project has produced overall gold recovery of 86%. Garrison's management is optimistic that similar recovery rates will be achieved when full-scale production commences at Tovshiir. Recoveries using the Consep system often reach as high as 95% at other similar operations, and Consep facilities are fully automated.
Procuring state-of-the-art, leading edge technology in clean gold processing equipment from Consep will enable Garrison to maintain greater control over all aspects of production, including by helping to minimize security risks during production, and reducing the potential risks to wildlife, livestock, local inhabitants and the surrounding environment. In addition, by employing such technology Garrison should be able to minimize cost fluctuations.
Using the Consep system, gold can be recovered from ore through a much cleaner system than would be the case with a conventional Carbon in Pulp Cyanide Plant. Since the Consep system does not use a leach pond and does not expose cyanide to the open environment, the risk of environmental contamination and the exposure of local inhabitants and livestock to hazardous substances is significantly reduced.
Consep is contracted to provide an automated screening plant, and an Acacia Intensive Leach Unit of 20 tonne per day capacity that has associated electrowin, solution recharge and detoxification units. All of these units are automated, they will be monitored from the plant's main control room and they will require only one skilled person to operate the process, thereby helping to control costs.
Management of Garrison anticipates that the Consep plant should arrive for installation at the Tovshiir site during the 3rd quarter of Garrison's 2010 financial year.
About Garrison
Garrison is a junior mineral exploration company focused on acquiring and developing advanced stage gold properties in Mongolia. For complete details on Garrison International Ltd. and its partners, management encourages investors and interested parties to view its public documents filed on SEDAR at www.sedar.com.
For all Garrison International Ltd. investor relations needs, investors are asked to visit the Garrison International IR Hub at http://www.agoracom.com/ir/garrison where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to gau@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.
CAUTIONARY STATEMENT
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements in this news release, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the future plans and objectives of Garrison International Ltd. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Garrison International Ltd. assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.
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Contacts:
Garrison International Ltd.
Blair Krueger
President & CEO
(416) 524-8150
www.garrison-intl.com
SOURCE: Garrison International Ltd.
http://www.garrison-intl.com
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