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Gold X Mining Corp. is a Canadian junior mining company developing the Toroparu Gold Project in Guyana, South America. Gold X has spent more than US$150 million on the Project to date to classify 7.35 million ounces of Measured and Indicated and 3.15 M-oz of Inferred Gold Resources, develop engineering studies for use in a feasibility study, and define a number of exploration targets around... see more

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Gold X Mining Corp. > Without a doubt sandspring project

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Post by Silverfreaky on Aug 15, 2017 2:41am

Without a doubt sandspring project

can only start at higher goldprices.Minimum 1400$-1450$(US).
Than we need the startup financing.Should go in direction 370 Mill. $ at a certain time.

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Comment by Pandora on Sep 18, 2017 10:02am

Hey -- we actually got some news!! The first news since beginning of May. Amazing, things are looking up! https://www.stockhouse.com/news/press-releases/2017/09/18/sandspring-provides-update-on-toroparu-project

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Comment by darter2 on Sep 18, 2017 11:47am

Nice update! I like especially like this: "Sandspring’s Prefeasibility Study estimated ~228,000 oz average gold production per annum from 4.1 Moz proven and probable gold reserves over a 16-year mine life; US$1.25 Billion Free Cash Flow at US$1,400/oz gold price; $893 Million Free Cash Flow at US $1,260/oz gold price; and a US $501 Million pre-fresh rock production capital expense." ...more

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Gold X Mining Corp.