In 2015, the asset’s mineral useful resource estimate was revealed. A preliminary financial evaluation adopted in 2017, which outlined a low capital price, open pit, heap leach mine operation.
In line with Canamex, the Bruner property holds historic assets of 342,000 ounces of gold contained in 17.5 million tonnes grading 0.61 grams per tonne in three zones. Endeavour Silver famous it has not verified these figures and isn’t counting on it.
“Our exploration workforce will focus initially on verifying the historic assets, then flip its consideration to the various exploration targets on the Bruner Property,” Endeavour chief government stated within the assertion. “We look ahead to unlocking the complete potential of the Bruner Property with the aim of constructing a brand new mining operation in one other historic mining district in Nevada.”
Nevada took this yr the title of world’s top mining destination within the newest survey of useful resource and exploration corporations launched in February by the Fraser Institute.
Along with the realm’s identified gold and silver potential, Nevada’s lithium deposits have been in the spotlight in recent times, particularly as a result of its proximity to North America’s solely lithium mine – Albermarle’s (NYSE: ALB) Silver Peak.