Golden Dawn moving rapidly toward renewed operation
Drill results from surface pending, underground drilling to start, rehabilitating Greenwood Mill, dewatering Lexington-Grenoble Mine applied for, closing funding agreement with institutional investor, bulking sampling and test mining on horizon
ZURICH, SWITZERLAND / ACCESSWIRE / September 28, 2016 / Today, Stephan Bogner from Rockstone Research published update on Golden Dawn Minerals Inc. (TSX.V: GOM) as the company today provided an update about “moving rapidly toward renewed operation” in the historic Greenwood Mining District in British Columbia, where major production of gold, silver and copper has continued since the late 1800s.
Recently, the company has completed the 100% acquisition of the Greenwood Mill (a modern processing facility to produce doré bars for immediate sale to smelters), the historic Lexington-Grenoble and Golden Crown Mines. The near-by, past producing May Mac and Amigo Mines are also 100% owned by Golden Dawn. On top of all that, the company’s Greenwood Mill (a 2008 commissioned, expandable processing facility) is a strategic asset in the district as being one of the only modern ones. As Bob Moriarty from 321gold.com recently envisaged for Golden Dawn: “The increase in the price of silver and gold has made
several other small-scale mines in the Greenwood district economically viable
and the company may do toll milling or simply buy out the owners.”
The full report can be accessed with the following links:
English (PDF):
http://rockstone-research.com/images/PDF/GoldenDawn5en.pdf
English (web version):
German (PDF):
http://rockstone-research.com/images/PDF/GoldenDawn5de.pdf
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SOURCE: Rockstone Research
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