Idaho-Maryland Mine Project
- Underground mining to recommence at an average throughput of 1,000 tons per day.
- Existing Brunswick Shaft, which extends to ~3400 feet depth below surface, would be used as the primary rock conveyance from the IM Mine.
- A second service shaft would be constructed by raising from underground to provide for the conveyance of personnel, materials, and equipment.
- Gold processing would be done by gravity and flotation to gold concentrates.
- Barren rock from underground tunneling and sand tailings would be used for creation of approximately 58 acres of level and useable industrial zoned land for future economic development in Nevada County.
- A water treatment plant and pond to ensure that groundwater pumped from the mine meets regulatory standards before discharge.
The Company believes it drilling program has been successful but cautions investors no current mineral resources or mineral reserves have been defined. The Company’s submission of an application for a Use Permit from Nevada County requires information regarding planned throughput and material quantities. The Company cautions investors that no technical report has been filed to support that this rate of production can be achieved. The Company has not completed a feasibility study to establish mineral reserves and therefore has not demonstrated economic viability of the IM Mine. The Company has not made a production decision for the IM Mine.
Conceptual Underground Design