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Midas Gold Corp.
Summary
| Project: | Stibnite Gold Project | |
|---|---|---|
| Deposit: | Stibnite Gold Project | |
| Location: | United States | |
| Commodities: | Gold-Silver-Antimony | |
| Date: | 4/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-4-2019: Midas Gold Corp. announces a Pre-Feasibility Study report for its Stibnite Gold Project deposit at the Stibnite Gold Project project. Amended previous PFS for stibnite project. Redevelopment of the Stibnite Gold Project (Project) has the potenti | |
| Resources: | (Reserve, Prob.): 88.964Mt @ 1.60g/t Au, 0.070% Sb, 2.43g/t Ag at Stibnite | |
| CP/QP: | [Resources]: Garth Kirkham (Kirkham Geosystems Ltd.) | |
| ABSTRACT: | Redevelopment of the Stibnite Gold Project (Project) has the potential to clean up an existing brownfield site, one that has been extensively mined for more than 80 years, and which could become one of the largest gold producers in the United States. This billion-dollar Project could create more than 700 jobs in Idaho during the first three years of construction and nearly 1,000 jobs in Idaho during 12 years of Project operations, while generating significant taxes and other benefits to the local, state and federal economies. This preliminary feasibility study (PFS) and related Technical Report (Report) provide a comprehensive overview of the Project and includes recommendations for future work programs required to advance the Project to a decision point. This Report defines an economically feasible, technically and environmentally sound Project that minimizes impacts and maximizes benefits. | |
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