San Gold Corporation (SGRCF)

[goldenpolarbear]

The TSX-listed stock of gold producer Klondex Mines on Monday morning jumped more than 8% after it announced a positive production decision on the True North (formerly Rice Lake) project, in Manitoba.

While the Vancouver-based miner expects to produce between 8 000 oz and 12 000 oz of gold from the project this year, as it conducted test stope mining and a tailings reprocessing project, True North is expected to add between 45 000 oz/y and 65 000 oz/y of gold to the Klondex production profile.

http://www.miningweekly.com/article/klondex-rises-8-on-manitoba-based-true-north-production-decision-2016-09-12