Home > Boards > Canadian > Mining/Resources > Sabre Gold Mines Corp. (SGLDF)

What's the massive Hold-Up regarding Brewery Creek Project

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
goldenpolarbear Member Profile
 
Followed By 18
Posts 7,166
Boards Moderated 1
Alias Born 03/02/13
160x600 placeholder
goldenpolarbear   Sunday, 07/18/21 11:48:37 AM
Re: None
Post # of 1479 
What's the massive Hold-Up regarding Brewery Creek Project & the YUKON GOVERNMENT?

"... Golden Predator, which later acquired Brewery Creek, has recently ramped up efforts to restart operations at the shuttered mine.

Phase one of this plan envisions the reprocessing of the original heap leach pad where, according to Viceroy's records, roughly 10 million metric tons of run-of-mine ore averaging 1.5 grams per metric ton (525,094 oz) gold was placed on the heap leach pad. This would leave significant quantities available for recovery.
https://www.globenewswire.com/news-release/2021/07/14/2262618/0/en/Golden-Predator-Provides-Update-on-Arizona-Gold-Transaction.html

The mining of new material under the existing license is the second phase of Golden Predator's plans for resumption of operations.

Phase 3, which is contingent upon continued exploration success and additional permitting, is expected to include expansion that would extend the life of the Brewery Creek Mine.

Phases 1 and 2 are covered under the existing licenses, phase 3 would requires additional authorizations.
The Yukon-Golden Predator committee aims to enable the territorial government and mining company to make informed decisions that fall within their respective roles and jurisdiction for Brewery Creek. This approach to information sharing and exchange also gives the two parties an ongoing ability to coordinate information as Golden Predator advances the project.

"Canada's Yukon is a premier jurisdiction that has an amazing future capable of realizing on the potential for local wealth creation, employment, training, tax revenue and business development to Yukon communities from mining activities," said Golden Predator Mining CEO Janet Lee-Sheriff. "The Yukon often seeks innovative solutions and continues to illustrate its dedication to working together on this project and with the mineral sector in the Yukon."
https://www.miningnewsnorth.com/story/2020/02/07/northern-neighbors/brewery-creek-mine-committee-established/6163.html
Why the lengthy Hold-Up regarding Brewery Creek Project & the YUKON GOVERNMENT?
https://yukon.ca/en/science-and-natural-resources/mining/brewery-creek-mine-licensing-documents


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences