canada
Drill and excavator on runway
“ We brought in a bunch of heavy equipment and determined there was large deposit . From there we started processing and found we had a million ounces in reserve . At first , no one knew about tungsten but the combination of gold and tungsten on average has increased the grade equivalent by 30 percent .”
Earlier this month , the company announced an updated mineral resource estimate for the project with a significant increase in grade and resources . The increases in grade at surface appear to be amenable to open-pit mining , assuming the viability of the project is established by a preliminary economic assessment ( PEA ) study . Upcoming PEA analysis will further assess the potential to establish economically viable mineral resources of both gold and tungsten can
“ I ’ ve got a really creative board around me that helps gives us direction ”
– says Kuntz
www . megapmi . com 137