| Risk and valuation analysis of the Northern Empire Project |
| Status Risk : Advanced discovery |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Title(s) of the Northern Empire Project |
 | Goldstone Resources Inc.
Interest: 100% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
|
|
|
|
| Location of the Northern Empire Project |
|
Northern Empire is located approximately one kilometre from the centre of the Town of Beardmore in Ontario, Canada.
|
| |
| History of the Northern Empire Project |
|
Historically, the Northern Empire mine was operated successfully by Newmont Mines, producing 149,053 ounces of gold from 425,866 tons with a recovery of 0.35 oz. in gold per ton. It is serviced with a shaft to 2,460 feet with development above and below a major flat diabase sill. The mine was inactive since 1988.
|
| |
| Geology of the Northern Empire Project |
|
|
The property consists of 72 patented and leased claims covering 2,644 acres in McComber and Summers Townships, and includes a permitted mill complex. The mill currently has a capacity of 200 tons-per-day, but has been designed for expansion to 500 TPD. It has been upgraded and readied to process bulk gold and molybdenum..
|
| |
|
|
