100% ownership of 3 mines and a mill
in the prolific Greenwood mining district of southern British Columbia
Golden Dawn Minerals has finalized the purchase of the Greenwood Gold Project consisting of the Lexington and Golden Crown underground gold mines and a 200-400 tpd gravity-flotation processing facility.
The Company is now proceeding to transfer all existing permits for the acquired Greenwood Mill and Lexington and Golden Crown Mines to Golden Dawn Minerals Inc. During this time the company will start to rehabilitate, construct underground drill stations, and commence underground drilling in the May Mac Mine. Any mineralized material encountered will be bulk sampled and fed to the newly acquired Greenwood Mill for processing.
May Mac Mine
Permits in place to construct underground drill stations, and commence underground drilling in the #7 Adit. Bulk sampling to be fed to the newly acquired Greenwood Processing plant 15 km to the east of the May Mac.
Production for 9 months in 2009 of 5,418 ounces gold, 3,196 ounces silver and 861,281 pounds of copper. 2016 43-101 Resource + PEA. Company waiting for transfer of permits (~6 mos.) then re-start production.
Golden Crown Mine
1,070 metre long exploration drift to access the multi-vein system.
2016 43-101 Resource + PEA
Company waiting for transfer of permits (~6 mos.) then re-start production.
The Greenwood Mill
Greenwood mill including a 600,000 tonne tailings facility,The previous investment made in developing these assets was approximately $40 million.
3 Mines & a Mill
With the potential of feed material from 3 mines being delivered to the Greenwood mill, Golden Dawn Minerals believes it can create both economies of scale and added shareholder value.
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