60,000 ounces of gold in Rambler Historic Tailings The old Rambler tailings pond Exempt Minerals Lands is certainly of interest as those 60,000 ounces are a substantial resource, valued at
$200 million CAD at current POG.
The government awarded it to Rambler in 2016 but they did nothing with it so it stayed with the Province.
Our Pine Cove mill is well suited to treat that material but it would require completing the provincial RFP process and an environmental assessment.
An excellent additional source of gold ounces which will be quite useful to fill in excess milling capacity but will take time to develop.
Just another example of neglected gold resources around the Pine Cove Mill that can be converted to cash on the balance sheet via timely development .