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Golden Queen Mining Co. Ltd. (TSX:GQM,OTCQX:GQMNF) announced the pouring of the first gold bar at the Soledad Mountain gold-silver project, in which it owns a 50-percent stake. Soledad Mountain is located in California.
Golden Queen Mining Co. Ltd. (TSX:GQM,OTCQX:GQMNF) announced the pouring of the first gold bar at the Soledad Mountain gold-silver project, in which it owns a 50-percent stake. Soledad Mountain is located in California.
Robert C. Walish, Jr., COO of Golden Queen, commented:
Leaching of stacked ore has been ongoing since early February. Initial flow rates and ore porosity have been very good. We have started the Merrill-Crowe plant and are now in a position to pour doré.
Thomas M. Clay, chairman and interim CEO at the company, said:
Today we celebrate the hard work and determination of many long time supporters. The first gold pour is a remarkable milestone signifying the Company’s transition to a gold producer. We would like to sincerely thank all of our shareholders and stakeholders in supporting the development of the project, including our Board of Directors, management team, employees, and contractors. We are proud of what we have accomplished over the past 30 years and are excited to move closer to entering full production as a gold company in California.
Click here to read the full Golden Queen Mining Co. Ltd. (TSX:GQM,OTCQX:GQMNF) press release.