The Gowganda tailings deposit is located in the centre of our exploration and mining focus area and is a favourable location for a central processing plant for future cobalt mines in the district.
BMR acquired the Gowganda brownfield site in February 2018. The Gowganda project, located west of Sudbury, was a historic silver mining camp that has existing tailings, road access and nearby power infrastructure. The historical resource estimate for the tailings piles at a silver cut-off grade of 10.0 g/t is ~1,940,000
tonnes grading 47.5 g/t silver for ~2,960,000 contained oz of silver in an Indicated category.
We are in early stage exploration of Gowganda and are conducting sonic drilling of the tailings which have not been tested for cobalt.