Allied Nevada Gold Corp. (TSX:ANV, AMEX:ANV, NYSE:ANV) provided a summary of the updated mine plan and economics for their Hycroft Mine in Nevada.
As quoted in the press release:
The revised mine plan supports a 19-year operating life and exploits the current Proven & Probable Mineral Reserves of 11.9 million ounces of gold and 509.6 million ounces of silver (1.1 billion tons grading 0.011 opt gold and 0.46 opt silver)2. The following operating metrics are presented for the 10-year horizon that spans the projected start of milling operations in 2015 to the last full year of mining in 2024.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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