The Gold Bar project has near surface oxides (1) and the potential for deep Carlin style sulphides (2). (Image: McEwen Mining)
NEVADA – Toronto-based McEwen Mining is looking to expand the resources at its Gold Bar mine near Eureka, where the first gold was poured last February. Commercial production was achieved on May 23, 2019.
Of particular interest is the Gold Bar South oxide gold deposit 5 km southeast of the Gold Bar mine. So far the deposit has an indicated resource of 3.4 million tonnes at 1.0 g/t gold for 100,000 oz., but McEwen says Gold Bar South could become part of the overall mining plan this year. Permits will then be pursued so than open pit development could begin late next year.
Not every assay of drill core from Gold Bar South is bonanza grade, but here are three of the best: hole GB389 – 54.9 metres at 2.13 g/t gold; hole GB434 – 24.4 metres at 6.66 g/t; and hole GB453 – 45.7 metres at 2.19 g/t gold.
Readers may enjoy the corporate presentation at www.McEwenMining.com.