Wednesday, January 18, 2017

Golden Queen Mining - GQM.t

Golden Queen Mining - GQM.t is developing the Soledad Mountain Project, an open pit, heap leach gold and silver project located outside the town of Mojave in Kern County.

The Project will use open pit mining methods and the cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore.

On December 19, 2016 the company released News
Golden Queen Mining Co. Ltd. (TSX:GQM; OTCQX:GQMNF) (the “Company” or “Golden Queen”) is pleased to announce that commercial production has been declared at Soledad Mountain Project (“Soledad Mountain” or the “Project”) in Mojave, California effective today.

Commercial production at Soledad Mountain has been declared as the process plant is now operating in line with both design specifications and management expectations. Over the past 60 days of operations the process plant has achieved an average of 80% of design throughput capacity. The Company processed an average of 10,500 tons per operating day during the months of October and November.