Great Basin Gold Ltd. (fka GBGLF)

[goldenpolarbear]

Interesting how on the Hollister EIS it mentions the Midas Mill which Waterton may own within two months!

I think they found a huge bonanza style gold intersection on the Hollister property and they are going to need a proper Midas Mill to process the the mountains of 100 OZ AU per ton ETC! ....

Which is located just a few miles up the road from the Hollister mine.

Now, is GBG involved beyond the $90 million Hollister Net Profit Royalties that will go to all outstanding GBG Nevada creditors or debtors? Personally, I think $o....
http://www.blm.gov/pgdata/etc/medialib/blm/nv/field_offices/elko_field_office/information/nepa/eiss/archives/hollister_projects/hollister_deis__6.Par.33805.File.dat/08_Chap_2.0_Altern.pdf

The Midas Mill (Figure 2-10) is located entirely on private land in western Elko County, approximately
1.5 miles southeast of the Town of Midas, Nevada.

NDEP-BMRR approved processing of ore from the Hollister Site at the Midas Mill. The recent contractual arrangement with the Midas Mill has been an ore purchase agreement where title to the ore passes to Newmont prior to processing. The Hollister ore is stored on a containment pad located adjacent to the Midas Mill prior to processing in batches. Hollister ore is not blended with other ore for processing. It is estimated that approximately 10,000 tons of Hollister ore could be processed on a monthly basis under existing permits. All procedures, facilities, and chemicals used at the Midas Mill meet NDEP permit requirements (Newmont 2007).

Ore Processing at Midas Mill
The mill process building and perimeter areas contain crushing, grinding, gravity separation, cyanide leaching, Merrill-Crowe gold recovery, retorting, and precious metal refining facilities. The mill is equipped with sumps and evacuation pumps to return solution to process components and to the tailings impoundment. Permitted annual throughput is 450,000 tons per year (tpy) (NDEP 2008a). The Midas Mill employs 30 employees (Newmont 2007). ( Midas May soon be owned by Waterton Global Resources )

The mill processing includes crushing the ore in a two-stage crushing plant in a closed circuit to 3/8-inch size at a throughput rate of 108 tons per hour (tph). The ore is then fed by conveyor to a single-stage ball mill for grinding before being routed to cyclones. Slurry solids are then washed from the gold-bearing solution. The rinse water from this process becomes the gold- and silver-bearing pregnant solution. Gold and silver are recovered from the pregnant solution in a conventional Merrill-Crowe plant that produces a precious metals-bearing precipitate filter cake. The concentrates are then treated in a propane-fired pressure retort to volatilize the mercury. Mercury is recovered by condensing the mercury vapor, collecting it as a liquid, and capturing it in a carbon column. The retort product is then fed to the refinery where it is loaded into a propane-fired melting furnace to produce a molten gold/silver doré. The doré bullion is shipped off-site for smelting.