ONTARIO – Orefinders Resources of Toronto has created a strategic partnership with SCR Mining and Tunnelling to develop the Mirado gold mine near Kirkland Lake. SCR will prepare the mine site, perform contract mining, and haul ore to local mineral processing plants.
Visible gold in a grab sample from the Mirado mine. Credit: Orefinders Resources.
Orefinders plans to put the Mirado mine back into production in the near term. Told was discovered on the early 1920s and later mined to a depth of 150 metres in the 1940s. The property current has resources underground, in three stockpiles, and suitable for open pit mining. They total 10.6 million inferred tonnes grading 1.29 g/t gold and containing 442,000 oz. of gold. A preliminary economic assessment is due soon.
Details of the Mirado project are available in the most recent corporate presentation at www.Orefinders.ca.