Approximately 750 tons of ore have been delivered to the mill so far. It is anticipated that up to 3,000 tons of molybdenum ore will be trucked 26 km from the property to the mill and processed over the next several weeks - for sale to Derek Raphael - an international buyer of molybdenum concentrate -
Following the successful completion of the surface bulk sample, Roxmark plans to further delineate - its molybdenum resources in 2007 - through underground development - drilling and bulk sampling following the driving of a production decline.
Subject to continued success - commercial mining could begin - late in the year.
Construction of a new Mine Portal - leading to underground development - is planned immediately following - completion of the surface bulk sample -
Roxmark also announced - that it has received enquiries for custom milling - at the Northern Empire Mill facility -
About Roxmark Mines - Roxmark Mines is a Canadian-based junior resource company - involved in exploration and development of Gold and molybdenum in the Geraldton-Beardmore area - of Northern Ontario.
Assets include the Nortoba-Tyson - Molybdenum mine property - an onsite mill equipped to process both Gold - and Molybdenum - and six formerly highly productive Gold mines -
which generated nearly Au two million ounces - of high Gold / ton - from some of Canada's highest Gold grade ore -
Existing infrastructure - above and below ground at these mines - will provide important advantages in developing - additional gold-bearing structures.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.