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Golden Dawn Minerals New GDMRF

"Golden Dawn Minerals Inc is a Canada based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. The company is an exploration stage company being all the mineral properties it owns are in the exploration stage. The company operates Greenwood Gold Project which consists of a mill, tailings facilities, mining machinery and equipment and the Lexington and Gold Crown exploration properties located in the Gree


OTCPK:GDMRF - Post by User

Comment by louelon Aug 17, 2017 10:37am
53 Views
Post# 26591569

RE:RE:RE:RE:More Speculation***

RE:RE:RE:RE:More Speculation***
That is true.  Presently rated 200 TPD expandable to 4.   Kinross buckhorn had a target of only 900 under prime conditions.   The tailings is good for 600,000T    
   The greenwood location is already zoned and envrionmentaly permitted as a mill location.     It is a far less  stretch to get  government and the envrionmental board, to permit an increase in production size.  Than it is to grant the Ok for a totaly new operation.   

New operations in BC from discovery on average take 15 to 18 years.    If Kinross exploration finds ore on their claims, and intends to mine it.    Taking out GOM  is a no brainer.    The tailings facility walls can simply be raised and the mill production increased.     Takes two to three years to build a mill.   The other ten to twelve in BC is spent on studies and permitting at a cost of millions.
 
  Fraser institute rates BC for mining as mineral rich, politically safe,  but one of the least minng friendly in Canada.   No where near as easy to do business as Saskatchewan Ontario or Qubec 
 
  The province contains a bastion of tree huggers. 
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