Winston Gold Corp C.WGC

Alternate Symbol(s): WGMCF

Winston Gold Corp. is a Canada-based junior mining company, which is engaged in the process of exploring mining claims. The Company's property portfolio includes Winston Property, Holmes Property and Hard Cash Property. The Winston District Gold Project is situated approximately 18 miles (30 kilometers) southeast of the capital of Helena, and approximately two miles (3.2 kilometers) southwest of the small community of Winston. The Winston Mining District is located 37 kilometers southeast of Helena, Montana. The Company is engaged in the exploration of Holmes leased five unpatented mining claims located in Broadwater County, Montana, United States. It leased the Paradine Mill, which is located in Broadwater County, Montana. The Company’s Hard Cash property consists of nine patented claims covering approximately 166 acres west of Radersburg, Montana, located approximately three kilometers from the Paradine mill.

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Winston Gold Corp > WGC Raised Another Milli

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Comment by MTMineron Jan 21, 2021 7:02pm

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Post# 32355692

RE:WGC Raised Another Milli

Construction of any kind is very expensive... this isn't quite construction but it uses heavy equipment to dig and haul and crushers and mills to pulverize the ore. Then separate the gold via gravity and float circuit

They could easily go through 40k per day in equipment labor materials and Mgmt... and maybe more since even used equipment purchase prices are measured in the 10's or 100's of thousands each

Keep in mind that they are running the mill side and the mine side... two separate operations

all mining and milling operations are expensive like this

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