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Banks Island Gold Ltd BKSLF

Metals & Mining Gold Industrial Metals & Minerals
Banks Island Gold Ltd is a gold producer with its operating mine in British Columbia, Canada. The Company also engages in the acquisition, exploration and development of mineral properties.


GREY:BKSLF - Post by User

Banks Island Gold Ltd
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Comment by grape562000on Nov 20, 2015 11:43am
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Post# 24309412

RE:RE:News release

RE:RE:News releaseAucontraire -- reposting my note from Nov. 10. It seems to address most of your concerns. -grape

Here's the latest news I could find.

https://www.marketwired.com/press-release/banks-island-gold-ltd-provides-update-yellow-giant-gold-project-announces-appointment-tsx-venture-boz-2067685.htm

The Company believes strongly in the potential for Yellow Giant and is working diligently to restart operations as soon as possible.

The Discovery Zone is substantially developed and is ready for production immediately upon receipt of the required permit amendment from the BC Ministry of Mines. The preparation of the application for this amendment is in progress and will be submitted as soon as possible.

The permit amendment application does not require any new area of disturbance or infrastructure. Discovery mineralization will be processed at the existing plant, rock from mine development will used for construction of permitted drill trails, groundwater will be pumped to the permitted discharge outlet in Barge Channel, and all tailings will be backfilled to the underground mine at the Tel Zone.



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