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New gold researchers in Gaspésie

However,

New gold researchers gaspésie new: Meanwhile. However,

New gold researchers gaspésie:

While the work to relaunch the copper mine of Murdochville continues. In addition, a mining company attempts to obtain a much more precious resource in Gaspésie.

The mining exploration company Canadian Gold Resources is looking for golden filings in the region.

We have three large fields which are all near Gaspé: Lake Arsenault. Furthermore, Robidoux and VG Boulderexplains Ronald Goguen, the CEO of Canadian Gold Resources.

A map of mining concessions from Canadian Gold Resources. Furthermore, new gold researchers gaspésie new gold researchers gaspésie new

Owner of several mining concessions. For example, the company wishes to develop three mining sites north of the city of Bonaventure. Therefore,

Photo : Canadian Gold Resources

A region conducive to exploitation? – New gold researchers gaspésie new

The gold potential in Gaspésie has been known since 1946, even if no mining company has made its main exploitation. However, If there is a presence of gold in the region. Similarly. Furthermore, it is in particular because of the fault of the Grand Pabos, a geological structure which extends from the Gaspé peninsula to Newfoundland.

Many gold areas in the world […] are associated with large regional flaws such as the Grand Pabos faultsupports Georges Beaudoin. geologist. holder of the Agnico Eagle – Eldorado new gold researchers new gold researchers gaspésie new gaspésie Gold Quebec research chair at Laval University.

The gold content remains quite uncertain. which does not prevent the company Canadian Gold Resources to invest with the aim of finding large. enough deposits for operations.

The mining company recently sent a request to the Ministry of the Environment to make the extraction of 5. 000 tonnes of ore near Lake Arsenault.

According to Mr. Beaudoin, this extraction would allow the right time on the quantity of gold that is in the ground.

Gold is found irregularly, this is called the nugget effect. If we have significant variations of content [en or]we are going to make a bulk extraction. it will allow you to obtain an average contenthe explains.

Thus. unlike the caroted survey. a technique which consists in taking several samples from the soil, bulk extraction makes it possible to analyze new gold researchers gaspésie new a new gold researchers gaspésie huge amount of ore and find on average the amount of gold contained in the rock.

It will often give more fair information [et] Reduce the nugget effecthe adds.

Canadian Gold Resources Also count on this extraction to finance its next projects. The company hopes to find a total of 4000 ounces of gold. which would allow it to ensure revenues of approximately $ 9 million.

If the content is satisfactory. and the recovery of gold is good from the loose sample, it offers justifications to continue the exploration worksupports Mr. Beaudoin.

Once the bulk extraction has been completed, the company plans to borehole on its various sites.

New gold researchers gaspésie new

New gold researchers gaspésie

An advantageous market

According to the CEO From the new gold researchers gaspésie company. Ronald Goguen, the dazzling increase in gold prices in the last year could increase the profitability of the project.

Of course it helps the project. If we can extract our 5000 tonnes, it will be double the income if [l’or] is double the price.

A quote from Ronald Goguen, PDG de Canadian Gold Resources

In one year, the golden price increased by around 40 %.

According to the geologist Georges Beaudoin. mining companies do not choose to extract according to prices. because this type of project takes place over the long term.

The price of gold today is not the one that will be made in 5 or 10 years. Companies will use the prices new gold researchers gaspésie new of average gold. projections in the future to be able to estimate new gold researchers gaspésie what would be the likely income. that they will draw from the exploitationhe explains.

However, the increase in gold prices could help attract new investors.

The investor is looking for profit now. so there is an interest in gold projects because of the high gold price. There are many investors who will think or hope to make significant capital gains by investing in mining companieshe adds.

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juniper.blair
juniper.blair
Juniper’s Seat-Geek side gig feeds her stadium-tour blog, which rates venues by bathroom-line math.
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