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AUREUS MINING INC T.AUE

"Aureus Mining Inc acquires, explores for and develops gold properties in the West Africa, specifically the New Liberty Gold Mine in Liberia. Its business segments are Liberia development, Liberia exploration, Cameroon exploration, and Corporate."


TSX:AUE - Post by User

Post by AGandAUon Jul 25, 2016 12:23pm
172 Views
Post# 25081837

Generating cashflow from the former Mirado mine

Generating cashflow from the former Mirado mine

The process of milling the stockpiles of the former Mirado mine will start shortly , producing a minimum of 3000 ounces of gold with a sales value of over 5 M $.

 

Orefinders Resources ( ORX.V ) will use the proceeds for exploration and drilling in order to expand the existing gold resource at their flagship Kirkland Lake project.

Mirado contains a NI43-101 compliant inferred resource of 440 K ounces of high grade and near surface gold.

 

Long ORX.V

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