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Rambler Metals & Mining Looking at Custom Milling Gold-Rich Concentrate From Cape Ray
Rambler Metals and Mining (TSXV:RAB) has signed a non-binding letter of intent (LOI) with Benton Resources (TSX:BEX) to explore the potential of custom milling gold-rich concentrate from the Cape Ray deposits at Rambler’s Nugget Pond milling facility.
Rambler Metals and Mining (TSXV:RAB) has signed a non-binding letter of intent (LOI) with Benton Resources (TSX:BEX) to explore the potential of custom milling gold-rich concentrate from the Cape Ray deposits at Rambler’s Nugget Pond milling facility.
As quoted in the press release, Rambler President and CEO Norman Williams said:
The Cape Ray region holds great potential for future gold discoveries and Benton has a proven track record in exploration and discovery. This, combined with Nordmin’s engineering abilities, makes this group highly capable of advancing the Cape Ray Project towards production.
We have an idle gold leaching and refining circuit ready and available for gold concentrate. Should Benton and Nordmin push their project towards production we would be happy to assist with tolling milling and making their project a success. The mining space is showing some signs of recovery, making this an ideal timing to solidify those relationships that will help continue growing the business while optimizing all available infrastructure at Nugget Pond.
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