Kerr Mines Inc (KER)

[goldenpolarbear]

“...The deal between Orefinders and the province solved the problem of a brownfield tailings facility, allowing Orefinders to acquire it for potential use when the mines are reopened.

Earlier this year, Orefinders offered to purchase the properties from Kerr Mines. The McGarry mine was in production as late as 2013. The 43-101 estimate made in 2009 said there were 123,000 indicated oz. of gold in 447,000 tonnes with an average grade of 7.7 g/t plus 30,000 inferred oz. in 157,000 tonnes grading 5.3 g/t gold. The Barber-Larder pit produced 6,700 oz. of gold from 51,000 tonnes of ore averaging 4.1 g/t gold and processed through the Kerr mill....”

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/647-tsx-venture/orx/48893-orefinders-announces-agreement-with-province-of-ontario-to-enable-development-of-mcgarry-mine-barber-larder-project.html

http://www.canadianminingjournal.com/news/gold-province-gives-nod-to-orefinders-mcgarry-plans/

http://kerrmines.com

https://www.newswire.ca/news-releases/orefinders-to-acquire-the-mcgarry-mine--24-km-strike-length-of-the-cadillac-larder-lake-break-abutting-the-kerr-addison-mine-678619843.html