Kerr Mines Inc (KER)

[goldenpolarbear]

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Firm Commences Gold Resource Expansion Program and Receives Permit

« ...Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release it initiated its 2019 phase 2 resource expansion program at its Copperstone mine in Arizona.

With the maximum 15,000 meter (15,000m) underground program, Kerr aims to add another three to four years to the mine life, taking it to eight, at a rate of 38,000–40,000 ounces of gold per year.

Drilling will focus specifically on the C and D zones of the Copperstone zone, which was historically mined as an open pit. It will impact an area encompassing 500 meters of strike length and 200m of elevation, which amounts to one-third of the current resource's strike length.

In other news, Kerr obtained an essential change to its environmental permit regarding air. It allows the company to build the planned additions to the existing plant for the gold processing systems of whole ore leach and sulfidization, acidification, recycling and thickening. Modifications to the federal operating permit and state water permit are in progress.

Kerr Mines is currently working to complete advanced metallurgical testing in Q1/19.... »


https://www.streetwisereports.com/article/2019/02/06/firm-commences-gold-resource-expansion-program-and-receives-permit.html