A Near Term Gold Producer:
- With low capex and improved metal prices 2017 PEA shows very positive economics to restart mines and mill
- Permits now in place to re-start Lexington Mine and Greenwood Mill
Strategic Acquisitions During Recent Economic Downturn:
- Acquired 3 past producing mines and processing facility Lexington, Golden Crown, May Mac Mine & Greenwood Mill, all within a 25 km radius, with good road access and existing power sources
- 2 of the 3 mines operated until the 2008 economic downturn
- Golden Dawn acquired these assets at pennies on the dollar
Further Acquisitions for Long Term Sustainability:
- The Company acquired large Kettle River land package adjacent to existing mines (Phoenix property)
- The Kettle River land package contains 29 past producing mines, including the major Phoenix mine, which produced 500 million lbs copper and 1 million ozs gold. The Phoenix mine closed in 1978
- The Company plans to utilize new technology and fly deep penetration airborne geophysics to look for possible deep seated feeder systems to the numerous historic mines
- The Company is now the 2nd largest landholder in the prolific Greenwood mining camp, after Kinross Gold, the 5th largest gold producer in the world
Lexington Mine Production Update
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Latest News Release
VTEM Heli-Survey is Currently Underway at the Historic Phoenix Copper Gold Mine
VANCOUVER, Canada, February XX, 2021, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), announces that it has now commenced its airborne geophysical survey over its Phoenix property at its Greenwood Precious...
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