Chart: Which countries are falling behind in gold mine production
India tops the global ranking with demand nearly 50 times that of its mined supply.
Prize Mining Corp. of Vancouver has engaged JDS Energy and Mining to undertake a scoping level engineering and economic study of the company’s Kena gold project in the Kootenay Boundary region, just a few kilometres south of Nelson.
The Kena projects includes the Kena, Daylight and Toughnut properties. The previous owner compiled a 43-101 resource estimate in 2013 that included 24.9 million indicated tonnes at 0.60 g/t gold for 481,000 oz. of gold; and 85.8 million inferred tonnes at 0.48 g/t for 1.3 million oz.
JDS will focus its study on high grade, low tonnage mining and milling. Recommendations will be included for the following:
This article first appeared in the Canadian Mining Journal