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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 25 days · First seen · Last updated
Elk Range Mining Idaho gold exploration
Overview
Elk Range Mining has initiated its first diamond drilling program at the Friday gold mine in Idaho. This maiden phase involves drilling eight holes for approximately 2,850 meters to validate historical high-grade mineralization and test for extensions at depth within the Orogrande Shear Zone.
The project is a brownfields site that previously produced gold between May 2020 and February 2022 before being placed on care and maintenance due to COVID-19. Following a $10 million Initial Public Offering, the company plans to use the funds to revitalize the site, which features existing underground development and processing infrastructure.
Entities
Black Cloud Drilling · Edward Keys · Orogrande Shear Zone · Tim Hodgson · Eldorado Gold
Timeline
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9 days ago
[BUSINESS] 2 sourcesEldorado Gold nears commercial production at Saskatchewan mineEldorado Gold's McIlvenna Bay mine in Saskatchewan is nearing commercial production of copper and zinc, a project deemed of national importance to bolster Canada's critical mineral supply chains.
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about 1 month ago
[BUSINESS] 2 sourcesElk Range Mining begins maiden drilling at Idaho gold mineElk Range Mining is commencing a maiden 2,850-meter diamond drilling program at its Friday gold mine in Idaho to validate historical high-grade mineralization.
Sources
ca.sports.yahoo.com · paherald.sk.ca