Replies to post #118084 on Pacific Gold Corp fka PCFG

[TRAPPER JIM]

US-based start-up gold producer New Gold Recovery (NGR) has started gold production at its Black Rock Canyon mine, in Nevada, using a proprietary gold recovery process applying nanotechnology that recovers in excess of 90% of gold particles.
http://www.miningweekly.com/article/new-gold-recovery-uses-proprietary-nanotechnology-to-recover-gold-2016-11-04

To establish a mining operation, NGR, through its wholly owned subsidiary, New Gold Nevada, acquired land in north-east Nevada, one of the world’s richest gold and silver producing regions with more than 50 active mines and annual production of 4.95-million troy ounces of gold and 10.94-million troy ounces of silver in 2014.

NGR raised $5-million in a private placement and brought in hedge fund UniCore Capital as a 20% shareholder. This provided the company with sufficient capital to acquire the Black Rock Canyon Mine deposit, estimated to have $480-million worth of gold deposits lying no more than 90 ft below the surface, and to refurbish an old processing plant on the site.