Thursday, December 18, 2008 9:08:17 AM
MonArc Corporation (MONA:PK) Begins Processing Activated Carbon Onsite
PIURA, Peru, Dec 18, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation www.monacorporation.com and www.andrea-sa.com (MONA.PK) is pleased to announce that given the enormous success of our first substantial production run from our in house pregnant activated carbon processing, that we have decided to further expand the facility by including a 20 ton pre-leach tank to the process that we believe will have the capability to increase production by a further 50% along with a second jaw crusher.
Alex Diaz the chief geologist and CEO also reports that "work has also commenced to enclose the processing facility to an all weather facility therefore extending the production hours available to the plant".
Given the cashflow now being generated by the plant, this allows for timely expansion and increased production that is fully supported by the local authorities who visited the plant last week, as well as the addition of the Diego Aron 400ha property, the future is looking very secure.
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