During the mining sector downturn Golden Dawn Minerals acquired past producing mines, deposits and exploration targets and a modern processing facility in British Columbia’s prolific Greenwood mining camp, becoming one of the largest land owners in the district.
The company plans to start producing at three precious/base metal mine projects in the short term. All three projects are within 15 km of its 100%-owned processing facility.
GOM acquired an additional 12,700 ha. of land (Phoenix Property) contiguous with the properties where the Lexington/Golden Crown mines and mill are located. The Phoenix Property has 30 past producing mines, including the world class Phoenix mine, and well over 70 mineral deposits and showings providing further upside potential for the Company.
May Mac Mine
Drilling in Progress…..
Surface diamond drilling program is currently underway
The initial underground drilling program has been successfully completed.
Permits for operating the Lexington-Grenoble mine were received from the BC Ministry of Energy and Mines on June 16, 2017
Golden Crown Mine
A surface diamond drill permit is currently being reviewed by the BC Ministry of Energy and Mines. Surface drilling is planned for 2017.
Permits for operating the Greenwood Process Plant were received from the BC Ministry of Energy and Mines on June 16, 2017
Near term Mines & Mill
Economies of Scale
The company now has a distinct economic advantage with potential feed material from the May Mac, Lexington and Golden Crown mines to be delivered to its 100% owned Greenwood Process Plant centrally located within only 15 kms of all three mines.
The KRR Acquisition
Adding shareholder value through acquisitions
Golden Dawn has acquired Kettle River Resources (KRR) along with its significant 11,000 hectare land package in the prolific Greenwood mining camp. The mineral properties include Phoenix claim block which contains over 29 historic mines as well as the past producing Phoenix mine (>500M lbs copper and nearly 1M oz gold).