North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Shane Lasley
Mining News 

PEA offers first look at Homestake Mine

Modest up-front spend to build BC gold-silver operation

 

Last updated 4/17/2020 at 4:16am

Drill rig at Homestake Ridge gold silver mine property Stewart BC

Auryn Resources Inc.

Drilling has outlined roughly 816,719 oz gold, 17.8 million oz of silver, 15.9 million lb of copper and 17.3 million lb of lead in three zones at Homestake Ridge.

Auryn Resources Inc. April 15 published results from a preliminary economic assessment that outlines a 900-metric-ton-per-day mining operation at its Homestake Ridge project in northwestern British Columbia that would produce 590,000 gold-equivalent ounces over a 13-year mine life.

The PEA demonstrates the project's potential to become a high-grade, small footprint, underground gold mine with p...



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