New Found Gold Corp V.NFG

Beaver Brook Mill

[alwil106]

The last price payed for the Beaver Brook Mill was $30 million, not working since the beginning of the year and unlikely to reopen, an hour away from Queensway.The plant was good enough to employ 100 people, a mine that had continuous production has an infrastructure that is complete. Upon its reopening, the mine had an expected lifespan of 3½ years and made its first shipment in June 2019. It had more than 100 people on its payroll when in full swing, Beaver Brook that had a processing capacity of 450 tpd when it was originally permitted. Table 1. Table documenting Beaver Brook Antimony Mine production statistics during the five years of operation from 2008 to 2012 2008 2009 2010 2011 2012 Total Tonnes Milled DMT 73 710 83 524 137 355 162 598 142 105 599 283 Head Grade % 3.40 4.47 4.23 3.19 2.63 3.5 Concentrate Produced DMT 3492 5595 8945 8061 5814 31 906 Metal Produced DMT 2219 3593 5578 4958 3554 19
902 DMT - dry metric tonnes
https://ceo.ca/nfg?2e05a62436aa The Beaver Brook antimony mine is about 40 km SW of Keats zone. It is west of the AFZ in Queensway South.
https://vocm.com/2023/01/04/beaver-brook-antimony-mine-suspends-operations-indefinitely/