RE:Approximately 100,000 ounces in Nuggett Pond Tailings I think that these are dry tailings ( on land ) rather than in tailings ponds.
The reason is that most of the copper mining took place prior to requirements for chemical mitigation by using tailings ponds and polishing ponds.....see history exerpt below
If this is the case, these dry tailings are easily mined for their gold content.
I assume that these historical dry tailings would be close to the Ming mine which is just a few kms from Point Rousse.
They would be on Fireflys property Imo.
However, the Pine Cove mill is very close whereas Flys Nuggett Pond mill is 50 km away, needs upgrades and the adjacent Maritime's Nuggett Pond mill owns its gold circuit.
So, another reason why a merger of Maritime and Firekfly makes eminient sense..
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long history of mineral exploration dating back to 1903 when local prospector Enos England first discovered the ‘England Vein’. Although a low tonnage find, England vectored towards the main deposit, eventually discovering the gold bearing ‘Rambler Vein’ in 1936 only 200 m north of the ‘England Vein’. The Rambler property would be further explored during the following decades revealing economic deposits of gold, silver, zinc and copper (Hibbard, 1983). From 1964 to 1982 4,301,532 t of massive sulfide were extracted from four separate deposits (Coates, 1990). Mining restarted the Ming Mine in the early 1990s but ceased when underground excavation reached a neighboring property boundary. Recently the newly fo