Otso receives all approvals to restart gold operations in Finland
(Kitco News) - Otso Gold (TSX.V: OTSO) today announced the receipt of all necessary approvals for the restart of operations and the pouring of gold at the Otso Gold mine from the regulatory authorities in Finland.
"The mine's approval clears the way for the company to continue its ramp up to production," the company said in a statement.
Otso added that as previously announced, all preparatory work required for the start of production has been completed and the mine is ramping up production.
Vice President Brian Wesson stated, "The approval to mine and process is another major milestone for the company, with permission to enter into production in place the focus is now solely on continuing and accelerating the ramp up to commercial production."
Otso Gold wholly owns the Otso gold mine near the town of Raahe in Finland. The Otso gold mine is developed, fully permitted, has all infrastructure in place, two open pits and is progressing towards production in October 2021 to ramp up towards processing ore at nameplate capacity of 2 million tonnes per annum.