OTCQX:BGMZF - Post by User
Comment by
halcroon May 24, 2015 10:39pm
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Post# 23759498
RE:RE:RE:RE:RE:RE:Bonanza Ledge 170,000 oz as per snowden report
RE:RE:RE:RE:RE:RE:Bonanza Ledge 170,000 oz as per snowden reporthalcro wrote: halcro wrote: halcro wrote: Heh, heh. Guess that the following is also supported by Greg Gibson's news release of April 23, 2015:
Phase 1 test
mining at the Bonanza Ledge open pit has been completed... A series of
smaller-scale, high-grade, low-capex operations
will be of prime consideration to the current team."
halcro wrote: halcro wrote: From latest Snowden NI 43-101:
As of the effective date of this Report the Company has completed test mining operations under the Small Mines Permit for Bonanza Ledge deposit on Barkerville Mountain. Initial analysis of the results from the test mining indicates further study is required before economic extraction can be demonstrated for the Bonanza Ledge deposit.
1.6 Interpretation and conclusions
1.6.1 Bonanza Ledge
Based on that analysis Snowden concludes there are no current Mineral Reserves at Bonanza Ledge.
Read more at https://www.stockhouse.com/companies/bullboard/v.bgm/barkerville-gold-mines-ltd#steGMfLyzY2mEigI.99