The concept relies on massive volumes of ore, a standardization of crushing methods that keep costs down, proximity to ports and cities — Halifax is less than 90 minutes away — and a relatively strong gold price.
The Touquoy Property covers an area of approximately 1, ha. Atlantic has an effective ownership interest go,d The company nova scotia gold deposits the opening with a ceremony and reported that first gold pour was also achieved at the MRC Gold Mine. All major environmental permitting is in place including Environmental Assessment and Industrial Approval and nova scotia gold deposits Mineral Lease.
Title is now held and possession secured of all 63 private properties required for the gol of the Touquoy Gold Project, following lengthy legal proceedings. Details relating to compensation in respect of 11 expropriated properties on the basis of gpld valuations previously conducted remain under discussion with legal representatives of the estates of, or directly with, former landowners. In relation to the seven parcels of Crown land required within the footprint of the Touquoy Gold Project, the Nova Scotia Department of Natural Resources has now received Cabinet approval to issue the lease and has prepared the requisite documentation.
Since the completion of the Feasibility Study, the results of which were disclosed on July 2,the Company has been in negotiations with various lenders in respect of procuring project financing on the MRC Project. The MOU establishes the mutual recognition and respect of each party's perspective in relation to the development of the Touquoy Gold Project and DDV Gold's other potential resource developments elsewhere within Nova Scotia including Cochrane Hill discussed below.
In particular the MOU contemplates the negotiation and conclusion of veposits Mutual Benefits Agreement between the parties to engage further and specifically in terms of employment, training, provision of services and other opportunities and undertakings to the benefit of both parties.
The Company is now in the process of negotiating a binding mutual benefits agreement. The table sets out the global recoverable Measured and Indicated, and Inferred Resource estimates for the Touquoy Gold Project at a cut-off of 0. The resource is relatively well drilled out at a drill hole spacing deppsits 25 metres by 20 novaa and much of the Inferred Resource that remains lies peripheral to the main concentrations of gold mineralization.
Touquoy Mineral Resource Estimate 0. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The Roulette methode inverse Gold Deposit is a shale hosted, disseminated gold deposit, located in the Meguma Group, a sequence of Cambro-Ordovician sandstones and mudstones which golc about half of the province of Nova Scotia.
Since the mids about 60 underground gold deposits within the Meguma Group have been mined, for an aggregate documented production of about 1. These deposits evidence the substantial gold potential of the Meguma Group. The Scktia Gold Deposit however is different from most of these deposits in that scktia gold william hill software for mac disseminated throughout the scotai sediments and is essentially unrelated to quartz veining.
The very wide drill intersections of gold mineralisation at Touquoy, some in excess of m, therefore set this deposit gambling crimes in singapore from the typical Meguma Group gold deposits as a substantial, open-pit, bulk mining proposition. Final comprehensive metallurgical testwork has been undertaken under the guidance of Peter Lewis and Associates.
The ore has excellent metallurgical characteristics:. The master composite of material to be milled gokd a bond ball mill work index at Touquoy of approximately 8. Contact Us Contact Info Jobs. Designed and Powered By Blender Media.Gold mining is set to come back to Canada's Nova Scotia as Vancouver-based junior Atlantic Gold (TSX-V:AGB) is just a week away from being. Atlantic has an effective ownership interest of % in the Touquoy Gold Project, the Touquoy Gold Project, the Nova Scotia Department of Natural Resources has now Since the mids about 60 underground gold deposits within the. Between and , million ounces of gold were mined from 65 gold districts throughout Nova slotgames.topsy of Museum of Industry.