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.
|Otis Gold Corp. (TSXV:OOO) is a near-term producer with an NI 43-101 resource 520,000 ounces of drill-indicated gold at its Kilgore Project in Idaho. Work is scheduled to begin soon at the North Target area of the Kilgore Gold Project. Connect with Otis Gold Corp and never miss a catalyst.|