TMAC Resources’ (TSE:TMR) Hope Bay project has about 3.5 million oz. of gold reserves
TMAC Resources‘ (TSE:TMR) Hope Bay project in Nunavut’s Kitikmeot region will begin processing gold early in the new year, the company said Thursday.
The Doris North gold deposit is the first of three planned operating sites for TMAC’s Hope Bay Project, located 125 km south-west of Cambridge Bay. Two other deposits, named Madrid and Boston, have been identified and are in various stations of permitting and proposals.
It’s estimated that between the three deposits, there are about 3.5 million oz. of gold reserves.
Read the full article at: ca.finance.yahoo.com
