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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

Comment by Weebleon Feb 16, 2016 3:53pm
139 Views
Post# 24563211

RE:first gold pour soon

RE:first gold pour soonThomas Clay will be presenting at PDAC on March 7th.  Maybe it will help attract some attention.  I didn't realize it before but the family is quite interesting.   Thomas is quite a brainiac with a degree from Harvard and Masters from Oxford.   He is a director and the family is a sponsor of a prestigious mathematics prize.

https://en.wikipedia.org/wiki/Clay_Mathematics_Institute

https://www.claymath.org/

VANCOUVER, Feb. 16, 2016 /CNW/ - Golden Queen Mining Co. Ltd. (TSX:GQM; OTCQX:GQMNF) (the "Company" or "Golden Queen") is pleased to provide an update of the mining and construction activities at its 50%-owned Soledad Mountain gold-silver project (the "Project") located just south of the town of Mojave, California. Project construction has been completed in-line with the budget. Commissioning activities are almost complete and the leaching process on the heap leach pad has been initiated.

Development Highlights

  • Project construction has been completed in-line with the budget.
     
  • Leaching has commenced with first gold production anticipated in the upcoming weeks.
     
  • Construction of the Merrill-Crowe plant is completed.
     
  • Pad-loading continues to ramp-up toward full production.
     
  • There are now 101 full-time employees in Mojave.

Robert C. Walish, Jr., Chief Operating Officer, commented, 'It is an exciting time in the project as we move towards production. With the leaching initiated and the first gold pour expected to occur in the next few weeks, everyone on site is working hard to achieve this milestone.' 

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

Construction progress has achieved the completion mark and the mining operation has stockpiled sufficient ore to support first gold production in the first quarter of 2016. The Merrill-Crowe plant is now complete and the commissioning is underway.

Prospectors & Developers Association of Canada Conference

Chairman and Interim CEO Thomas M. Clay will be a presenter at the 2016 PDAC conference on Monday, March 7th. Mr. Clay will provide an update on the Soledad Mountain project in the Metro Toronto Convention Centre, South Building, room 801B at 4:40pm.

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