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Thursday, 05/21/2015 9:28:36 AM

Thursday, May 21, 2015 9:28:36 AM

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GRMC Ready to go! Construction of the processing plant is expected to be finished in May. In 2014 GNP relocated the plant to a lower and broader part of the valley, constructed new water ponds, and began build out of the new and expanded plant. GNP also successfully installed a new grizzly feeder on site as well as built support frames for additional gravel screens and recovery tables, which will be mounted this spring.

Full capacity of the feeder is expected to total approximately 600 bank cubic yards per hour and will be realized as additional gravel screens and gold recovery tables are added in stages through 2016.

Goldrich has completed approximately 15,000 feet of drilling to date on the upper half of the Little Squaw Creek placer project and outlined 10.5 million cubic yards of mineralized material, at an average head grade of 0.025 ounces of gold per cubic yard for an estimated total of approximately 250,000 contained ounces.
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