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Florida Canyon Gold Inc V.FCGV

Metals & Mining Gold
Florida Canyon Gold Inc. is a Canadian junior gold producer with an asset in the United States. The Company’s principal operating asset is the Florida Canyon mine in Nevada. The Florida Canyon Gold Mine area is situated in northwestern Nevada within the Basin and Range physiographic province, which is typified by a series of northward-trending elongate mountain ranges separated by alluvial valleys. The Florida Canyon area is dominated by a major regional structural zone, termed the Humboldt Structural Zone, which is interpreted to be a 200-kilometer (km) wide north-easterly-trending structural zone with left-lateral strike slip movement.


TSXV:FCGV - Post by User

Florida Canyon Gold Inc > Mexican business unit sale. A few Questions
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Comment by ARNGFInvestoron Jul 17, 2024 6:01pm
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Post# 36137464

RE:RE:Mexican business unit sale. A few Questions

RE:RE:Mexican business unit sale. A few QuestionsThese mines are at the end of there life.  What does it cost to close a mine?  What is used mining equipment worth in Mexico?  It's about the future value not what was spent in the past. 

I agree that it looks like Florida Canyon Gold management gave away these assets.  But I will wait until I have more data before I make my decision.     

From the Florida Canyon Gold website:

San Agustin mine     Life of Mine 1 year 
El Castillo mine        Life of Mine 0 years 
La Colorada             Life of Mine 5 years

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