Allied Nevada Gold Corp Announces Updated Plans for Hycroft Mine

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.

To view the whole press release, click here.