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Leagold Commences Development of Bermejal Underground
Sep. 25, 2017 08:59AM PST
Precious Metals Investing
Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) has completed the surface preparation and has now commenced portal development for the 1,325 metre long exploration ramp that will provide access to the high-grade mineralization of the Bermejal Underground deposit. As quoted in the press release: Neil Woodyer, CEO stated “We have been steadily advancing …
Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) has completed the surface preparation and has now commenced portal development for the 1,325 metre long exploration ramp that will provide access to the high-grade mineralization of the Bermejal Underground deposit.
As quoted in the press release:
Neil Woodyer, CEO stated “We have been steadily advancing the development of the Bermejal Underground as an expansion project at our Los Filos mine, and the start of the portal and ramp is a significant achievement within our initial six months of ownership. The contribution from underground mining at Bermejal will add approximately 150,000 ounces per year to the operation and bring the combined production rate to 350,000 ounces per year once fully operational.”
