Kerr Mines Inc (KER)

[goldenpolarbear]

Kerr Mines (TSX: KER; US-OTC: KERMF) is focused on its goal of redeveloping the fully permitted, past-producing Copperstone gold property located along the Walker Lane mineral belt in Arizona.

Copperstone produced over 500,000 oz. gold from an open pit in the past, but left behind was a high-grade measured resource of 934,000 tonnes at 10.4 grams gold per tonne for 311,000 contained oz. gold. Another 335,000 tonnes at 12.2 grams gold lie in the inferred category.

This year, Kerr has planned several milestones, starting with a new resource estimate and prefeasibility study expected in the first quarter and a production decision within the next three months.

Kerr sees the project having upside in several respects, including monetizing by-product copper, expanding the Copperstone and Footwall zones and exploring the property’s regional potential.

Kerr raised $17 million in 2017, and in January 2018 had $9.5 million in debt and $5.6 million in cash.

http://www.northernminer.com/news/us-snapshot-six-juniors-active-programs/1003794103/

Claudio Ciavarella in Vancouver discussing...

Kerr Mines Inc. will be at PDAC this March in Toronto
Booth Number: 2947
Website: www.kerrmines.com

http://www.pdac.ca/convention//exhibits/investors-exchange?ce=USA