Kerr Mines Inc (KER)

[goldenpolarbear]

In 2013, "....Armistice says processing starts at QMX facilities

19TH AUGUST 2013

BY: CREAMER MEDIA REPORTER

JOHANNESBURG (miningweekly.com) – TSX-listed Armistice Resources is aiming to start selling gold from its McGarry mine, in Ontario’s Kirkland Lake area, this month, CEO Todd Morgan said on Monday, announcing that QMX Gold has started processing the gold-bearing ore from McGarry.

Armistice has a custom milling agreement with TSX-listed QMX to process ore at its facilities in Val-d’Or, Quebec.

In June, the companies agreed to an initial commitment of 10 000 t, including mostly development ore, to be followed by batches of 5 000 t.

“As the first material being processed has a high proportion of development ore, it is normal that the grade should be significantly below what we expect to realise from future production stope ore due to normal dilution in development headings,” Morgan said.

He reported that the initial processing had gone well and that Armistice expected to begin selling gold this month.

The McGarry project is located immediately adjacent to the former Kerr Addison mine, which produced over 11-million ounces of gold over its 58-year history. ..."
http://www.miningweekly.com/article/armistice-says-processing-starts-at-qmx-facilities-2013-08-19

http://kerrmines.com/project/mcgarry-property/

What happened to this QMX deal? http://www.qmxgold.ca

Might it be time to revive this deal if the price of gold continues to POP?

https://mining-atlas.com/project/McGarry-Gold-Mine-Project.php

https://www.ontario.ca/page/armistice-resources-corp-jubilee-gold-inc-v-director-mine-rehabilitation