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Canamex Resources Granted Subsurface Water Right for Bruner

Investing News Network
Jan. 15, 2015 11:30AM PST
Gold Investing

Canamex Resources (TSXV:CSQ) says the Nevada Division of Water Resources has granted Canamex a subsurface water right for the Bruner gold project. The application, which was submitted in April 2014, has been granted for mining purposes for 0.78 cubic feet per second or 350 gallons per minute on the west side of the property.

 Canamex Resources (TSXV:CSQ) says the Nevada Division of Water Resources has granted Canamex a subsurface water right for the Bruner gold project. The application, which was submitted in April 2014, has been granted for mining purposes for 0.78 cubic feet per second or 350 gallons per minute on the west side of the property.

According to the press release:

The water right application for beneficial use, submitted in April 2014, has been approved by the State Engineer of Nevada, and Canamex (through Canamex US) has been granted a water right for mining purposes for 0.78 cubic feet per second, or 350 gpm (gallons per minute), on the west side of the Bruner property. This, when coupled with the 0.10 cubic feet per second (50 gpm) that comes with the patented ground and the well location on the east side of the property, provides the Company a total of 400 gpm beneficial use for mining purposes. This should be sufficient water for development of up to an 8,000 tpd initial heap leach operation.

Greg Hahn. president and COO, said:

The Issuance of sufficient water rights for an initial heap leach operation at Bruner follows the Company’s plan of anticipating development needs for the project and paralleling resource development and project development to facilitate moving the project forward expeditiously at the appropriate time.

Click here to read the Canamex Resources Corp. (TSXV:CSQ) press release
Click here to see the Canamex Resources Corp. (TSXV:CSQ) profile.

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