NEWS-- the birdie has spoken
Castle River to process minerals from Granada mine
2017-09-08 18:46 ET - News Release
Also News Release (C-GGM) Granada Gold Mine Inc
Mr. Frank Basa of Castle Silver reports
CSR SIGNS MOU FOR PROCESSING OF MATERIAL FROM GRANADA GOLD MINE
Castle Silver Resources Inc. has signed a memorandum of understanding (MOU) with Granada Gold Mine for the consideration of the processing of mineralized material from the Granada mine over the next three years just across the border in Northern Ontario.
As part of the MOU, Castle Silver is undertaking a study to install a 600-tonne-per-day gravity flotation plant at one of its two properties where mills have operated in the past. Potential synergies exist in terms of processing Granada material while also advancing Castle Silver's overall objectives in the burgeoning Northern Ontario cobalt camp as outlined in earlier news releases.
Castle Silver and Granada Gold share common directors and qualified persons.
Qualified person
Claude Duplessis, PEng, of Goldminds Geoservices Inc., a geological, environmental and mining consultant, is an independent qualified person in accordance with National Instrument 43-101, and has reviewed and approved the contents of this news release.
About Castle Silver Resources Inc.
Castle Silver Resources (formerly Takara Resources Inc.) is a TSX Venture Exchange-listed junior natural resource company focusing on the exploration and development of former silver and cobalt mine properties in Northern Ontario, including the Castle Silver mine near Gowganda, and the Beaver and Violet mines near Cobalt.
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