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idaho gold mining placer and lode gold mining claims in idaho

idaho gold mining placer and lode gold mining claims in idaho

I hope everyone had a safe and productive mining season. Our hearts go out to all those who have struggled or gone through loss and other difficulties during this last years events. Even amid all of the chaos that has been developing around the world, it is reassuring to see precious metals still hold value and be a strong industry to keep pursuing. From a mining perspective we have seen a significant increase in the amount of interest people are exploring into this mining & prospecting realm, as different career paths or ways to supplement income are being pursued. With the local mining season now at an end (due to weather), Idaho Gold Mining will be listing many new mining claims between now and April. Please feel free to reach out with any questions, and hope everyone has a safe and happy holiday season.

Here is a picture of the gold dust I got.looks to be about an ounce. Since I got the claim from you last week.every pan has had gold in it! I was skeptical because it was too easy, so I used acid to test it! I dont have more than 6 hours in the panning, etc. and I only filled 4 five gallon buckets and panned it out of my wheelbarrow at home. After moving a couple of boulders, it has doubled! And Im not even in the bedrock yet! Thanks again!

In my sixty plus years I have been involved in more business transactions then I care to remember. I must say that Erica and Jason are just the best. I had no idea what paper work was needed to file a gold claim. The transfer was painless. They had everything correct and in proper order Along with the filed claim documents they provided maps depicting the exact GPS location of the boundaries. No guess work! Everything was and is just as advertised. My advice is if you are thinking of buying a claim from them you should do it soon as I am thinking of buying another from Erica and Jason. It could be the one you want!

Went up a few weeks ago with my son and found this (see picture below) in a few hours. I think total that I have taken out is about 2.5 oz. I did more last year just havent had the time this year with the little one. But it has been fun getting into it. And one of these years I will get another claim. Thanks. You have been a big help with this new experience.

I recently purchased a gold claim from Jason and my experience with him has been nothing but positive. Not only did he allow me to test the site, he also provided me with maps, GPS coordinates, and all the paperwork necessary for the sale to be legal. I even asked him to go the extra mile and write up a quitclaim deed for me and he did that as well with no questions asked. He has been professional from the start and has been willing to share his knowledge along the way as well. For anybody interested in gold mining and purchasing a claim I would recommend Jason all the way. He has many sites that produce gold, and goes the extra mile to make his clients happy.

Had a great season. I knew the flood a while back would bring up some nice gold, but never expected thispulled out a HAIR over 4 troy ounces, with lots of 3 to 6 gram nuggets. Just wanted to say, WORTH EVERY CENT!!! Thanks Jason.

blanket gold mine - caledonia mining corporation plc

blanket gold mine - caledonia mining corporation plc

The current Blanket mining area has eight ore shoots in the producing section of the mine. The majority of the mine production is sourced at present from the AR Main and AR South ore bodies with a lesser contribution from the Blanket, Eroica and Lima reefs.

Significant early production milestones were: in 1965 Falconbridge acquired the property and increased gold production to an average of approximately 45 kg per month; in 1993 Kinross took over the property and built an enlarged Carbon-in-Leach (CIL) plant with capacity of approximately 3,800 tonnes per day (tpd) to treat an old tailings dump together with the run-of-mine ore.

On April 1, 2006 a wholly-owned subsidiary of Caledonia Mining Corporation completed the purchase of the Blanket Mine from Kinross. Caledonia has allowed Blanket to make considerable capital investments in its underground, surface and township facilities. These investments culminated in the commissioning of the No 4 Shaft Expansion Project at the end of September 2010 whichincreased Blankets hoisting capacity from the No. 4 Shaft from 500 tonnes per day to 3,000 tonnes per day.

The current Blanket mining area has eight ore shoots in the producing section of the mine. The majority of the mine production is sourced at present from the AR Main and AR South ore bodies with a lesser contribution from the Blanket, Eroica and Lima reefs. AR Main and AR South are massive ore bodies up to 30 m wide and are ideally suited to the long-hole open stope mining method, while the remainder of the Blanket ore bodies are tabular and better suited to underhand stoping methods.

Following the successful commissioning of the No. 4 Shaft Expansion Project in September 2010, the underground workings have increased production to approximately 1,200tonnes of ore per day using both long-hole open stoping and underhand stoping methods. Broken ore is trammed along the 22 Level rail system by battery locomotives and the ore cars trains are self-tipped onto one of three grizzlys above the ore bins which are located between 22 Level and the 765m level crushing station. The minus 300 mm rock held in three underground storage bins, Payable ore and waste ore are held in separate storage bins and handled accordingly. Ore is gravity fed from these ore bins onto the 765m Level crushing station conveyor which discharges the ore onto a vibrating grizzly feeder which discharges the oversize into a 30 x 20 Telsmith jaw crusher.

The underground crushing station ensures that all the run-of-mine ore is reduced to minus 150 mm in size as this provides for the optimisation and greater efficiency of the automated skip loading and hoisting operations. This allows mining and hoisting activity to continue without interruption.

Blanket No. 4 Shaft has been equipped with the first automated loading system in Zimbabwe which sequentially fills the two six tonne ore skips which are hoisted from the 789m level to surface. The use of this state of the art automation reduces the risk of ore loading accidents and injuries, reduces manpower costs, minimises spillage, reduces skip loading times, increases hoisting capacity, ensures precise ore tonnage accountability, and enhances winder efficiency while lowering loading and hoisting costs.

The double compartment No. 4 Shaft is Blankets main shaft for hoisting ore to surface from the loading stations at 510m and 789m below surface, and it has a proven hoisting capacity of 110 tonnes per hour from 789m. The Jethro and Eroica Shafts and the No.5 and No.6 Winzes are used for transporting personnel and materials underground, and the No.2 and Lima Shafts are also used for hoisting ore to surface.

The entire underground and surface operations of the Blanket mine, except for the Lima Shaft, including the surface compressors and the No 4 Shaft Winder can be operated by the 10,000kVA standby diesel powered generating sets which were installed and commissioned in May 2011.

This standby generating station ensures that all mining and metallurgical operations continue notwithstanding any interruptions to the electrical power supply from the grid. The level of interruptions to Blankets power supply has diminished considerably following the agreement of an un-interrupted power a supply agreement between Blanket and ZESA. In the year to 31 December 2012, the standby generators were used for a total of 108 hours (2011, 121 hours).

The Blanket Mine is situated in the Gwanda Greenstone Belt, a typical Archaean greenstone-hosted gold deposit. The deposit is situated on the northwest limb of the Gwanda Greenstone Belt along strike from several other prominent gold deposits. Blanket is the largest producing mine in a belt which at one time had 268 operating mines.

The Gwanda Greenstone Belt extends 80 km in an east-west direction and consists predominantly of basaltic rocks (greenstones) with minor felsic and ultramafic units. The belt has been intensely sheared and intruded by granites resulting in complex deformation structures and vertically dipping strata. The shape of the gold ore bodies is controlled by these structures, resulting in their near vertical orientation.

Near vertical shear zones are developed throughout the belt and are the loci of most of the small mines that have been discovered in the area. Most of Blankets prospects are of this type. Many of these now defunct small mines were shallow, had historically high recovered gold grades and closed towards the end of the 1960s when the gold price was low and the mining and metallurgical techniques available at that time were such that the mines became un-economic. The area has a long history of gold production and remains highly prospective and must therefore be regarded as an attractive exploration area as it has never been subjected to modern exploration techniques.

Active mining at the Blanket mine takes place over a 3 km strike that includes 8 discrete ore shoots. Fig NN provides a north-south vertical projection of the various Blanket ore shoots. Mineralisation occurs in near vertical shoots aligned along an approximately north-south axis. The ore shoots vary in shape from the tabular to lensoidal quartz reefs to the massive to pipe-like disseminated sulphide reefs (DSR).

Gold mineralisation occurred as a result of the reaction between rising hot fluids and the iron rich minerals in the shear zones. The reaction involved the formation of sulphide minerals, predominantly arsenopyrite, as the sulphur in solution reacted with iron in the rocks. Gold, which was also transported by the fluids, became attached to the arsenopyrite to form the gold ore. These reaction zones are located within the more ductile tensional high strain areas of the shear zone.

Blanket Mine is part of the group of mines that make up the North Western Mining Camp otherwise also called the Sabiwa group of mines. What is today referred to as Blanket Mine is a cluster of mines extending from Jethro in the south, through Blanket itself, Feudal, AR South, AR Main, Sheet, Eroica and Lima in the north. These ore shoots occur in the Blanket shear zone, a low angle transgressive shear characterised by the presence of biotite relative to the massive amphibolites forming the country rocks.

A regional sub horizontal dolerite sill intruded the above sequence and is emplaced about 500 meters below surface. The sill does not cause a significant displacement and although it truncates all the ore shoots, the mineralised shoots continue undisturbed below the sill.

Since the rock units of the Gwanda Greenstone Belt are tilted on their side and strike north-south in the vicinity of Blanket Mine, the stratigraphic sequence is exposed from the oldest in the east to the youngest in the west. The Felsic unit consisting of quartzite and sericite-quartz schists forms the base of the stratigraphy. No gold deposits have been recorded in this unit. Overlying this unit to the west is the Ultramafic-Mafic unit interlayered with banded iron formations. Gold occurs in this unit at Vubachikwe mine, which is adjacent to Blanket, where the deposits are confined to steeply dipping folds in the banded iron formation layers. The Ultramafic-Mafic unit is in turn overlain to the west by the Mafic unit, a thick sequence of tholeiitic and pillow basalts. Within the Mafic unit a prominent shear zone up to 50 meterswide runs the length of the property and is the locus of all ore bodies on the Blanket property. The sequence is completed by an Andesitic unit which caps the stratigraphic sequence.

The first type is the disseminated sulphide replacement type which comprises the bulk of the ore shoots. Typically these zones have a silicified core with fine sprays of disseminated arsenopyrite hosting the best grades. Disseminated sulphide replacement ore bodies range up to 50m in width with a strike between 60m and 90m. Free-milling gold constitutes up to 50% of the total metal content with the remainder occluded within the arsenopyrite.

Quartz-filled shear zones form the second type of mineralisation. Two quartz shears are mined at Blanket Mine, the Blanket Quartz Reef and the Eroica Reef. These reefs tend to have long strikes but are not uniformly mineralized although continuous pay shoots of over 100 m on strike are not uncommon. The Quartz Reef at Blanket has a surface strike of some 500 m, but economic mineralisation is restricted to three 90 m shoots which were defined on surface by the early workers. Grade fluctuations are more extreme in the quartz reefs than in the disseminated type reefs but on average these shears have higher grades and are used as a sweetener of ore to the mill.

Caledonias Board and Management have completed a review of alternative expansion and diversification plans for Caledonia. Both the Board and Management have also addressed the revised production projections for the Blanket Mine and the possible benefits of diversifying Caledonias production base. Caledonia has concluded the best returns on investment remain at the Blanket Mine in Zimbabwe, which continues to be cash generative in the current adverse market conditions and also offers significant investment returns that exceed alternative investment opportunities.

The objectives of the Revised Plan are to improve the underground infrastructure and logistics and allow an efficient and sustainable production build-up. The infrastructure improvements will include the continuation of the No. 6 Winze, the development of a Tramming Loop and the sinking of a new 6-meter diameter Central Shaft from surface to 1,080 meters.

The increased investment pursuant to the Revised Plan is expected to give rise to production from inferred resources of approximately 70-75,000 ounces in 2021, this being in addition to projected production in 2021 from proven and probable mineral reserves of approximately 6,000 ounces. The Revised Plan is also expected to improve Blankets long term operational efficiency, flexibility and sustainability.

The skips automatically tip ore hoisted to surface into the Shaft Bins on the No4 Shaft headgear. Ore is gravity fed from the Shaft Bins onto the No1 belt which conveys the ore over the automated belt scale and to vibrating screens and 1424 Telsmith jaw crushers. This crushing circuit reduces the ore to minus 50 mm and it is then deposited by the No 2 belt stockpile conveyor onto the coarse ore stockpile which has a live capacity of approximately 2,000 tonnes of material. Ore from the coarse ore stockpile is then fed onto the triple-deck vibrating screen with the oversize being crushed to minus 12 mm by one of two 38H Telsmith Gyrasphere crushers. The 12mm ore is then fed into the 600 tonne Mill Bin which feeds the two (of the three installed) 1.8 x 3.6 m rod mills where it is milled down to approximately 70% passing 75 microns, before being passed through two 30 inch continuous Knelson Concentrators where approximately 49% of total gold production is recovered. The Knelson Concentrator tails are pumped through cyclones and into a 3.66 x 4.9 m x 750kW (1,000 HP) regrind ball mill. As part of the No.4 Shaft Expansion Project, the capacity of the secondary crushers was increased to over 2,000 tpd and the capacity of the rod mills was increased to 1,800 tpd. The slurry from the regrind mill is pumped into a carbon in leach (CIL) plant consisting of eight, 600 cubic meter leach tanks equipped with 45 kW agitators where leaching at 50% solids and simultaneous adsorption of dissolved gold onto activated carbon takes place. The CIL plant has a nameplate capacity of 3,800 tonnes of milled ore per day. Elution of the gold from the loaded carbon and electro winning is done on site. Gold is deposited onto steel wool cathodes, the loaded cathodes are acid-digested and the resultant gold solids are smelted in an induction furnace to produce gold bullion of approximately 90% purity, after which the bullion is sold as required by Zimbabwean law to Fidelity Printers and Refiners (Fidelity) in Harare which undertakes final refining and sale. The proceeds of sale (i.e. 98.5% of the value of the gold contained before payment of any royalty) are paid directly into Blankets foreign currency account with its commercial bank in Zimbabwe within 7 days of receipt of the gold by Fidelity.

Overall gold recovery rates have been increased from 85% at the time of acquisition by Caledonia to over 94% as a result of the re-design of more efficient CIL agitators and the installation of an automated liquid sodium cyanide facility which allows for multiple stage cyanide dosing and monitoring of the CIL. The PSA (Pressure Swing Adsorption) Oxygen Generator has been re-commissioned and the controlled sparging of oxygen into the CIL has resulted in an increase in leach recoveries to approximately 94%.

No. 1 Conveyor feeding the two Primary Jaw Crushers. Tailings from the CIL circuit contain less than 30 ppm of cyanide, and are pumped to one of two tailings dams which are operated and maintained by Fraser Alexander, and are inspected and monitored daily by Blanket.

Historical operating statistics for the Blanket Mine are available in Caledonias MD&A, which can be found in the Investor section of Caledonias website. Blankets historic financial performance up to February 2009 was accounted for in Zimbabwean dollars until 2009. Due to the extreme hyper-inflationary environment which prevailed in Zimbabwe until early 2009 and the resultant devaluation of the Zimbabwean dollar, Blankets stated historic financial statements are unhelpful for the purposes of evaluating Blankets historic financial performance. The Zimbabwean dollar was abolished in February 2009 and all financial transactions in Zimbabwe now take place using other currencies, including the US Dollar, the South African Rand and the Botswana Pula. With effect from 1 January 2009, Blanket has prepared its accounts in US Dollars.

The proposed Central Shaft will be a 3,000 tonne per day, 6-meter diameter, 4-compartment shaft that will transport men, equipment and material from surface to 1,080 meters below surface. The shaft will be located between the AR Main and AR South ore bodies, in the middle of Blankets mining area. Construction on the shaft is expected to commence in July 2015, following completion of the Tramming Loop. The capital cost of the Central Shaft is expected to be approximately US$23 million. The shaft will be sunk in two simultaneous phases: from surface from 750m below surface and is expected to be completed in July 2017. Once complete, the Central Shaft will provide access for horizontal development in two directions on two levels below 750m.

The increased investment pursuant to the Revised Plan is expected to give rise to production from inferred resources of approximately 70-75,000 ounces in 2021, this being in addition to projected production in 2021 from proven and probable mineral reserves of approximately 6,000 ounces. The Revised Plan is also expected to improve Blankets long term operational efficiency, flexibility and sustainability.

The Revised Plan includes a revised life of mine plan for the Blanket Mine (the LOM Plan) in terms of which it is anticipated that the approximate production from existing proven and probable mineral reserves above 750 m level will be as set out below.

Central Shaft and the associated capacity improvements in the Blanket Processing Plant are expected to enable an increase in gold production at Blanket to 75,000 ounces by 2021 and 80,000 ounces from 2022 onwards. Improved access to Inferred Mineral Resources at depth is expected to enable the maintenance of this 80,000 ounce per year production rate until approximately 2034.

The new Central Shaft and the deepening of No 6 winze will provide access to the current inferred mineral resources below 750 meters and allow for further exploration, development and mining in these sections along the known Blanket strike, which is approximately 3 kilometers in length. The PEA has been prepared in respect of the inferred mineral resources below 750 meters. Based on the PEA, additional approximate production from current inferred mineral resources (excluding the projected production set out above) may be achieved in the following indicative ranges:

The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the PEA will be realised. Diamond drilling and development will continue with the objective of increasing confidence in order to upgrade the categorization of the resources.

The LOM Plan and the PEA have been reviewed by Minxcon Consulting, an independent mining consulting company. A technical report prepared in compliance with National Instrument 43-101 which summarizes the revised LOM Plan and the PEA will be filed on SEDAR before December 17, 2014. The most important assumptions on which the PEA is based include, a gold price of US$1,200 per ounce, achievement of the targeted production set out above and the accuracy of the projected capital costs.

It is also intended to continue exploration at two of Blankets satellite projects, Mascot and GG. No production forecasts are attributed to mining activity at either GG or Mascot at this stage as neither of these currently have defined NI43-101 mineral reserves or resources.

kinross gold provides update on tasiast mill fire - junior mining network

kinross gold provides update on tasiast mill fire - junior mining network

TORONTO, June 21, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (Kinross and the Company) today provided an update regarding the temporary suspension of milling operations at its Tasiast mine due to a fire that occurred on June 15, 2021.

Kinross confirms there were no injuries as a result of the fire. Mining activities have resumed at Tasiast, including stripping to access higher grade ore. Construction work on the Tasiast 24k expansion project has also resumed and the Company is evaluating opportunities to optimize the project while milling operations are suspended.

Kinross is drawing on resources from across the Company to expedite actions to reduce the SAG mills downtime and to review all potential strategies to mitigate the expected production deferral. With mining activities continuing at Tasiast, Kinross expects to process stockpiles of higher grade ore when the mill restarts.

Based on the initial estimate of the mills downtime and with ongoing work on the 24k project, Tasiasts throughput capacity is now expected to reach 21,000 tonnes per day during Q1 2022, compared with the previous estimate of year-end 2021. Throughput capacity is expected to increase to 24,000 tonnes per day by mid-2023, which is unchanged from the original 24k project estimate.

Despite the mill incident at Tasiast, the Company remains in a strong financial position and is committed to evaluating options to further enhance shareholder returns, which is supported by Kinross Board of Directors.

All of our people are safe and accounted for at Tasiast, which is our most important priority. Our site team responded quickly to the fire, which limited the main impacts to the mill discharge area. While we are continuing to assess the impact and are investigating the cause of the incident, we are pleased to report that mining and project work have now resumed at site. We are now focused on restarting milling operations at Tasiast and are mobilizing technical resources from across the Company to expedite actions and achieve this goal.

Although this unfortunate incident is expected to impact our annual production guidance, our financial position and longer-term outlook remain very strong. We continue to expect production to increase to 2.7 and 2.9 million ounces in 2022 and 2023, respectively, and drive our robust free cash flow profile. The strength of our investment grade balance sheet, free cash flow position and growing production from our global portfolio underpin our commitment to further enhancing shareholder returns, including a potential share buyback program.

In connection with this news release, Kinross will hold a conference call and audio webcast on Tuesday, June 22, 2021at 8:00 a.m. ET to discuss the update, followed by a question-and-answer session. The call-in numbers are as follows:

Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana. Our focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

Investor Relations ContactChris Lichtenheldt Vice-President, Investor Relationsphone: 647-821-1736This email address is being protected from spambots. You need JavaScript enabled to view it.

All statements, other than statements of historical fact, contained or incorporated by reference in this news release including, but not limited to, any information as to the future financial or operating performance of Kinross, constitute forward-looking information or forward-looking statements within the meaning of certain securities laws, including the provisions of the Securities Act (Ontario) and the provisions for safe harbor under the United States Private Securities Litigation Reform Act of 1995 and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include future events and opportunities including, without limitation, statements with respect to: the potential impact of the mill fire on operations at Tasiast; our estimates, expectations, forecasts and updated guidance for production at Tasiast, our revised production guidance across all of our assets, our expectations regarding potential enhancements to shareholder returns, all-in sustaining cost and capital expenditures, cost savings, project economics (including net present value and internal rates of return); the impact of the fire on the mineral reserve and mineral resource estimates at Tasiast, the timing and amount of estimated future production, capital expenditures, the costs and timing of the development of the 21k and 24k projects, and the proposed timing of re-commencing mining and processing activities. The words anticipate, estimate, expect, opportunity, and option or variations of or similar such words and phrases or statements that certain actions, events or results may, could, will or would occur, and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Kinross as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The estimates, models and assumptions of Kinross referenced, contained or incorporated by reference in this news release, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in our Annual Information Form dated March 30, 2021 and our full-year 2020 and first-quarter 2021 Managements Discussion and Analysis as well as: (1) the estimated cost and projected timing of repairing and re-starting the SAG mill being consistent with the Companys current expectations; (2) the Companys estimates regarding the timing of completion of the 21k project; (3) the Companys ability to successfully recover under its insurance policies being consistent with managements expectations; (4) the impact of the incident on the Companys current production guidance, mineral reserve and mineral resource estimates, and estimated overall value of Tasiast; (5) the estimated duration of the suspension of the SAG mill being consistent with Kinross current expectations; (6) the construction of the 24k project being unaffected by the suspension or re-start of the SAG mill; (7) the estimated impact on the timing of completion of the 21k project being consistent with the Companys expectations; and (8) the viability of options to enhance shareholders returns and the Companys ability to obtain the necessary consents and approvals related to such options. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. These uncertainties and contingencies can directly or indirectly affect, and could cause, Kinross actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, Kinross. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about managements expectations and plans relating to the future. All of the forward-looking statements made in this news release are qualified by these cautionary statements and those made in our other filings with the securities regulators of Canada and the United States including, but not limited to, the cautionary statements made in the "Risk Factors" section of our Annual Information Form dated March 30, 2021 and the "Risk Analysis" section of our full-year 2020 and first-quarter 2021 Managements Discussion & Analysis. These factors are not intended to represent a complete list of the factors that could affect Kinross. Kinross disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward looking statements, except to the extent required by applicable law.

Where we say we, us, our, the Company, or Kinross in this news release, we mean Kinross Gold Corporation and/or one or more or all of its subsidiaries, as may be applicable. The technical information about the Companys mineral properties contained in this news release has been prepared under the supervision of Mr. John Sims who is a qualified person within the meaning of National Instrument 43-101. Mr. Sims was an officer of Kinross until December 31, 2020. Mr. Sims remains the Companys qualified person as an external consultant.

Lion One Metals is set to become the premier high-grade gold producer in the South Pacific Island nation of Fiji at its 100% owned and fully permitted Tuvatu Alkaline Gold Project. The Company is focused on cost effective and environmentally... LEARN MORE

nicola mining nears final mill preparation, increased gold mill feed deliveries, and engages vesta filipchuk for esg initiatives - junior mining network

nicola mining nears final mill preparation, increased gold mill feed deliveries, and engages vesta filipchuk for esg initiatives - junior mining network

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") is pleased to announce that it has nearly completed mill upgrades and secured spare parts prior to recommencing milling operations. In its May 5, 2021 press release, the Company announced that it had extended the Gold and Silver Profit Share Agreement with Blue Lagoon and received its first shipment from the Dome Mountain Mine. With the end of spring runoff, the parties have been able to increase shipping of material from the mine to Nicola's wholly owned mill for processing (See Figure 1).

The Company is also pleased to announce that it has engaged Vesta Filipchuk to lead Environmental, Social, and Corporate Governance ("ESG") initiatives for Nicola Mining Inc. Ms. Filipchuk is a recognized leader with over 30 years of experience in corporate, social and environmental responsibility, Indigenous relations and negotiations, community engagement, and sustainability. She has an exemplary track record in developing and implementing landmark initiatives and programs using collaborative planning and decision methods that bring together companies, governments, and society to achieve sustainable benefits, all of which are core to the Company's credo.

Ms. Filipchuk was the director of social, environmental, and regulatory affairs ("SERA") for the Galore Creek Copper Project1, owned by Newmont Corporation and Teck Resources Limited. She has significant experience in building and leading SERA teams and managing community and Indigenous relations in North America. She was also a Senior Policy Advisor for the Senate of Canada - Energy and Environment.

Peter Espig, CEO of Nicola, commented, "Nicola Mining is a company that places great emphasis on balancing our business of exploration and production while embracing our fiduciary environmental and social responsibilities. As the Company enters into an exciting operational juncture, we look forward to providing news flow; however, in addition to these milestones, we will continue to place great emphasis on ESG / SERA, which will become even more important as the Company moves forward."

Kevin Wells, P.Geo, a consulting geologist to the Company, is the independent qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects for the technical disclosure contained in this news release.

Nicola Mining Inc. is a junior mining company listed on the TSX Venture Exchange and is in the process of recommencing mill feed processing operations at its 100% owned state-of-the-art mill and tailings facility, located near Merritt, British Columbia. The fully-permitted mill can process both gold and silver mill feed via gravity and flotation processes. The Company also owns 100% of Treasure Mountain, a high-grade silver property, and an active gravel pit that is located adjacent to its milling operations.

In November of 2015, Nicola became the first group in decades to consolidate ownership of the New Craigmont Project (the "Property") and has been actively conducting mineral exploration since. The Property is a wholly-owned copper prospect with an active mine permit (M-68), located 33 km south of the world-class Highland Valley porphyry district. The Property is located adjacent to the southern end of the Guichon Creek Batholith, which hosts the Highland Valley copper deposits.

For further details on the Property, see the technical report entitled "Technical Report on the Thule Copper-Iron Property, Southern British Columbia, Canada", filed on May 8, 2013 on Sedar at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Genesis Metals is a junior exploration company aggressively advancing its 290+ square kilometer Chevrier gold project in Chibougamau, Quebec. This strategic land package is located within the prolific Abitibi greenstone belt and covers... LEARN MORE

metso outotec wins $23m africa mill contracts - mining magazine

metso outotec wins $23m africa mill contracts - mining magazine

"We are excited that Mapa has chosen us to deliver the key equipment for the expansion of these two projects in Liberia and Burkina Faso. Previously, we have delivered the key crushing, screening and grinding equipment to these two mines," says Mert Katkay, Head of Minerals Sales for Metso Outotec in the Middle East and Turkey.

According to Metso Outotec, its Vertimill provides the lowest total cost of ownership compared to other grinding mills in many applications due to its high energy efficiency, lower media consumption, low installation cost and minimal liner wear and maintenance.

Copyright 2000-2021 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

mines & mining history - virginia city

mines & mining history - virginia city

The city, born in 1859, only took a year for miners to become proficient in digging underground to find both gold and silver. One early method included square-set timbering, developed by a German engineer, which allowed miners to safely extract ore from hundreds of feet below the surface. Virginia City quickly advanced in many ways and because of the wealth established here, it was one of the reasons Nevada became a state.

With more than 100 mines in the Comstock area, seven million tons of silver ore were produced equating to more than $600 million in both silver and gold in todays money. Among many things, this money helped to build San Francisco to what it is today as well as finance the Union in the Civil War.

Irishman John Mackay came to the Comstock as a poor miner with not a penny to his name. However, it wasnt long until Mackay acquired the Kentuck Mine (in three years it produced $3.6 million in ore) and was superintendent for the Bullion Mine. Mackay then joined forces with fellow Irishmen James Flood, James Fair and William OBrien to construct a new mine that they believed would be the most prosperous endeavor yet they were right.

The Consolidated Virginia Mine (aka Con Virginia) boasted the Big Bonanza and the four Irishmen became known as Silver Kings. John Mackay, who had the largest share, was now the richest miner on earth. Starting in 1873, the Con Virginia and the California Mine (Mackays other mine), produced about $3 million per month for three years. After 22 years in production, the two mines would produce $180 million in both silver and gold.

Silver and gold made Virginia City an iconic mining town, one that will forever be recognized as one of the greatest. It also formed the character of Nevada, and to a greater extent, the nation as a whole.

Visitors can experience this rich and colorful time period as they explore Virginia Citys museums, historic buildings, and of course, some of its mines. Listed below are several options that open the door into the world of Nevadas mining boom.

With its riches first located in 1859, the Chollar Mine (later the Chollar-Potosi) was one of the leading producers on the Comstock. From its found to the next 80 years, miners blasted and carted out some $17 million in gold and silver. The Nevada Mill was erected on the site in 1887 to process the vast amounts of ore taken out of the Chollar Mine. Today the mine is open for visitors. A guided tour lasts a half hour and is a 400 foot level walk. Visitors will see the original square-set timbering, silver ore, rock drills, as well as displays of old equipment.

Virginia Citys mining history comes alive with the last fully operational stamp mill dating back to the 1860s and built by Joshua Hendy in San Francisco as a two stamp Gold Mill. See how gold was processed from ore to recovery. A narrated tour is educational and fun put there are lots of historical mining equipment in one place to see.

The Marshall Mint began minting operations in Virginia City in 1991 to offer a quality of jewelry and proof like minted product rarely found today by the public. The Marshall Mint features a full line of custom gold and silver medallions, nuggets, collector coins and currency, bullion, jewelry and a world-class mineral and gem museum. Visitors to the Marshall Mint can see the actual coins minted and jewelry produced in the press and assembly rooms. The museum grade specimens are for sale to collectors and dealers. The Marshall Mint is located in the historic Assay Office building, built in 1861. It is a significant landmark where miners celebrated their rich assays or mourned their losses.

The Best and Belcher Mine tour is a 25-minute guided tour featuring over 300 pieces of antique mining equipment on display. See complete underground mine workings tunnels, crosscuts, drifts, stopes, raises, winzes and shafts. The Ponderosa Mine is located in the Ponderosa Saloon, formerly the Bank of California.

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