Its infill program at the Hycroft mine in Humboldt County, Nevada, along with additional engineering studies, successfully upgraded 2.5 million ounces of gold and 93.3 million ounces of silver to the proven and probable mineral reserve categories, Allied Nevada Gold Corp. said yesterday. Total proven and probable mineral reserves at year-end 2011 were 12.7...
Allied Nevada Gold Corp. has been ordering critical long-lead mining and processing equipment for its expansion projects at the Hycroft gold/silver mine in Nevada and has come in 2% under the feasibility estimates. The Nevada mining company said this morning that to date, it has spent or committed $354.9 million, 2% below the feasibility estimate....
Allied Nevada Gold Corp. has received offers from three entities for $300 million in mobile equipment financing for the big expansion of its Hycroft gold/silver mine in Nevada. It also said this afternoon that it has begun ordering long-lead mobile and fixed equipment. Allied Nevada said it has received offers from Caterpillar Financial Services...
Drilling at its Hasbrouck project in Nevada has expanded the main mineralized zones, Allied Nevada Gold Corp. said today. Results include 24 meters grading 2.1 gpt gold and 9 gpt silver, or 2.2 gpt gold-equivalent. The project is five miles south of Tonopah. Recent assay results indicate extension of the previously discovered higher-grade Saddle,...
Allied Nevada Gold Corp. has received a positive feasibility study to increase milling production at its Hycroft gold/silver mine in Nevada to complement the heap-leach expansion now under way, the company reported Friday. The day before, the Reno-based company’s board had approved funding for a gyratory crusher for the heap-leach expansion. All this comes...
