PINL:BOLIF - Post by User
Post by
wwadehammeron Oct 26, 2017 3:29pm
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Post# 26864413
Ada Tepe
Ada TepeThe mine Ada Tepe, 10 kilometers south of the area BSCG mentioned in the Oct 23 NR has never openned. A feasiability study was issued in January 2010 with about 550,000 ounces M & ! gold and 300,000 ounces of M & I silver. Dundee Precious Metals who owns the mine still list it as a development project and states it has all the permits necessary to start mining. No reason is given for why mining hasn't started 7 years after the FS was issued. The site BSCG is looking at 7 kilometers from a town who aren't happy about mining in the area although the courts rejected environmental appeals to stop the Ada Tepe project.
Hope they hit something big and can work something out with Dundee.