ONTARIO – Toronto’s ROXMARK MINES has received the permits for underground redevelopment at its Nortoba-Tyson property 20 km from its Northern Empire mill near Thunder Bay. The company has processed 2,030 t of ore from bulk sampling and shipped 7.23 t of 54.3% Mo concentrate to a European buyer. It plans to take a 6,000-t bulk sample from underground this year.
“Production of moly through our mill was an important milestone,” said Roxmark president Monir Younan. “Given that this was our first experience working with moly ore, results were encouraging. However, we are looking at ways to increase yield through improved mining and milling techniques as well as taking an in-depth look at a number of broader issues before deciding on next steps.”
Roxmark will also mount a drill program to test several gold veins on the Nortoba-Tyson property. A 135-t bulk sample taken in 1964 yielded 139 oz of gold.
Please see www.Roxmark.com.