Kerr Mines targets 2020 production at Copperstone

Kerr Mines (TSX: KER; US-OTC: KERMF) expects to start mining and stockpiling mineralized material from its Copperstone gold project in Arizona in the fourth quarter of this year with production starting in the first quarter of 2020, CEO Claudio Ciavarella says. The fully permitted project is the underground extension of the same orebody that Cyprus Amax mined as an open pit between 1987 and 1993, and which produced 500,000 oz. gold. Kerr Mines picked up the project in 2014 through an all-share merger with American Bonanza Gold, which had developed two declines in the bottom of the pit and about 4 km of underground access and mined 163,000 tonnes of ore between January 2012 and July 2013. Given the project’s existing infrastructure and historic underground mining … Continue reading at The Northern Miner.