RE:RE:Klondex buying Bison Gold Resources??? WTF Nowhere listed goldminer01 wrote: Very small deal for Klondex. $6-7M CAD in cash. Bison past producing mines and properties may be useful in adding ore sources to the True North mill in next 2-3 years.. Klondex realizes that
TN ore alone will not use enough mill 2500 tpd capacity.
They are repeating the Nevada strategy. The 2 main deposits are 25km from True North. Mine there and then feed the big mill. This is a tiny tiny deal... hopefully they do it in cash. It's at KLDX discretion.