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KLONDEX MINES LTD. T.KDX

"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."


TSX:KDX - Post by User

Post by AGandAUon Jul 25, 2016 2:18pm
107 Views
Post# 25082263

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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