Wishbone Gold's Honduran processing plant up and running

Precious metals firm Wishbone Gold announced on Friday that its Honduran processing plant is now fully operational after having suffered delays from adverse weather conditions last year.

The plant is running batch processing and producing gold while testing various ore samples under a small scale license but the application process for additional licenses is ongoing, with permitting for large amounts of gold ore expected in May, according to Wishbone.

The devastating hurricane season experienced by the Caribbean and Central America brought operations in Honduras to a halt, leaving construction crews to finish building works over the winter months.

Despite this, personnel from the company have visited the site regularly throughout the year to ensure that the project remained on track.

The company’s strategy in Honduras is to fund the development and exploitation of existing gold mines and modernise the artisanal mining sector by supplying equipment and expertise to small mines in the country in return for preferential pricing on the mines' output.

As of 1457 BST, Wishbone Gold’s shares were up 6.25% at 0.43p.