Michael Mantha Tours Local Businesses

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Michael Mantha was in the Wawa area and took the opportunity to tour two local businesses, Rentech and Wawa Gold Mines.

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At Rentech, Michael was able to see the entire process of converting wood into pellets. The process is fascinating, as is that this building once housed the Weyerhaeuser Strandboard Mill.

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Pellets are extruded much like pasta.

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Light pellets from “sawdust” and dark pellets have “higher bark” content.

rentech-pelletpiledRentech has completed the start-up and commissioning of the new conveyors, and scheduled maintenance after a 5 and half week shutdown. Their website states, “The plant is currently achieving operating rates that annualize to approximately 150,000 metric tons of production, which is essentially the level achieved prior to the conveyor project. The new conveyors are functioning as expected but we are working to resolve other equipment and operating challenges that have manifested post-turnaround.”

With the new conveyors and equipment, production can increase. In order to accomodate this increase in production – feedstock suppliers will be required to “ramp-up their harvesting and delivery activities in order to meet our higher fibre feedstock needs.”

It is expected that the Rentech Mill will reach approximately 60% of production capacity within the next couple of quarters and anticipate reaching full capacity in the range of 400,000 – 450,000 metric tons in late 2017.

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At the Wawa Gold Property, the 2016/17 Winter Drill Program has begun. The diamond drill program is targeting the northern extension of the Surluga Deposit (inferred resource of 1,088,000 ounces @ 1.71 grams per tonne (“g/t”) gold1) to define additional gold mineralization and improve the current inferred resource.

Summer trenching confirmed the extension of the Jubilee Shear Zone, and the drill program will fill in gaps from historical drilling. The Hornblende Shear Zone, the Surluga Road Shear Zone and the William Gold Zone, all located below the Surluga Deposit, will also be tested by some of the planned holes in the program.

Logging and sampling of new and historic core is  on-going.

 

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