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Follow on Google News | Mission Mining Company Posts NI 43-101 Report on Website, Confirming Approx $24.7 Gold, Silver$MISM - Mission Mining Company Publishes NI 43-101 Report on Company Website, Confirming Approximately $24.7 Billion in Gold, Silver Measured Resources at Gold Star Mine in Nevada.
Previous historical exploration estimates of the property have indicated an overall average of 0.29 ounces of gold per ton of alluvium on site, and 2.04 ounces of silver per ton of alluvium on-site. The NI 43-101 Mineral Resource Estimate Report by Zivkovic Geophysical Investigations, LLC, further estimates the total measured and inferred resources at Gold Star Mine to be approximately 316.8 million ounces of gold and approximately 2.227 billion ounces of silver. Mission Mining Company CEO, Carlton Wingett, stated, “The results of the NI 43-101 Report appear to validate the economic viability of recovering substantial quantities and concentrations of gold and silver ore at our Gold Star Mine. Based upon confirmation of approximately $24.7 Billion in measured gold and silver resources located near the surface, the Company will immediately pursue its business strategy to obtain the permits and funds necessary to place the Gold Star Mine into production as quickly as possible.” The Gold Star Mine is a large, alluvial, desert placer mining property comprised of six U.S. Bureau of Land Management claims making up 960 acres of land area located in Esmeralda County, Nevada near the historical Gold Rush town of Gold Point. Two Nevada state highways, as well as public utility electrical power, intersect and span the Gold Star Mine property, which makes heavy equipment access to the property ideal and year-round mining operations extremely practical. About Mission Mining Company Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earth minerals mining properties and placing these properties into production. The Company has acquired 100.0% ownership of the six Gold Star mining claims in Esmeralda County, Nevada, and has executed a 49-years renewable mining / operating lease for the seventeen El Dorado mining claims in San Bernardino County, California. Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM), and untested amounts of rare earth elements (REE). Safe Harbor This release may contain “forward-looking statements,” End
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