Drilling around last year’s discovery hole at the Keats zone within New Found Gold’s wholly owned Queensway gold project in Ontario has returned long intervals of high-grade gold.

The BCSC alleges the company hired a qualified mining engineer in 2014 to produce “a quick, non-compliant overview” of the potential mineral resources on its Hilda 30 concession in Sonora State.

Average annual production at Black Butte is estimated at approximately 23,000 tonnes of copper.

As the developer prepares its PureGold mine in Ontario for a first gold pour by year-end, the company has reported high-grade intercepts from its 30,000-metre infill and step-out program.

The company has developed a proprietary thermochemical purification technology that it says is very effective at purifying larger particle sizes and will allow it to produce high-purity, carbon-neutral graphite flakes.