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Golden Queen Mining Co. Ltd. - Ordinary Shares T.GQM


Primary Symbol: GQMNF

"Golden Queen Mining Co Ltd is a Canada based company engaged in exploration of minerals. The company holds interests in Soledad Mountain Mine located in the Mojave Mining District, Kern County, California. The Mine uses conventional open pit mining methods and the cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore."


GREY:GQMNF - Post by User

Post by Weebleon Jan 26, 2016 11:33pm
111 Views
Post# 24496878

New video and photos

New video and photosThis board is sure quiet considering the price action.  This has been by far my best gold stock over the last month.   It looks like we are getting very close.

https://www.goldenqueen.com/s/Video.asp

https://www.goldenqueen.com/s/Photo_Gallery.asp

For those that missed it...for some reason it doesn't come up on under "latest news releases" on the website.

January 4, 2016 - Golden Queen Mining Co. Ltd. (TSX:GQM; OTCQX:GQMNF) (the "Company" or "Golden Queen") is pleased to report that mining and construction activities at its 50%-owned Soledad Mountain gold-silver project (the "Project") located just south of the town of Mojave, California are proceeding on schedule, with the inaugural gold pour anticipated to occur in February. Commissioning activities have commenced and the first ore has been fed through the crushing circuit.

Development Highlights
  • Project construction has reached the 95% completion mark.
  • Commissioning of the Crushing-Screening plant commenced in November and continued through early December.
  • Commissioning of the Conveying-Stacking system commenced in early December.
  • Full power was provided to the project on December 4th.
  • Pad loading of agglomerated ore was initiated on December 15th.
  • The Merrill-Crowe facility commissioning is anticipated to commence in mid-January.
  • Ore stockpiling is ongoing.
  • Leaching is anticipated to commence in mid-January with first gold production targeted for early February 2016.
  • There are now 91 full-time employees in Mojave and all of the senior management positions have been filled.
  • Construction is tracking in-line with the budget.
Thomas M. Clay, Chairman and Interim CEO, commented, 'We have almost completed construction, and I am proud of the progress that our team has made over the past 24 months. I would like to thank all of our employees and contractors for their dedication and commitment. The first gold pour is expected to occur in February and will signify a new chapter in Golden Queen's long history as we transition from development to production.'

Soledad Mountain Construction 95% Complete and Commissioning of the Merrill-Crowe Facility Underway

Construction progress has achieved the 95% mark and the mining operation has stockpiled sufficient ore to support first gold production in the first quarter of 2016. At the processing facility, the mechanical work is 98% complete, which has allowed commissioning activities to proceed. The focus on site is to complete the electrical and instrumentation work and to stack sufficient ore to start leaching.
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