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Posted On: 07/27/2021 8:49:08 AM
Post# of 38429
$DSCR up over 50% in the last week. Recent update >>
Discovery Minerals Applauds Geological Team's Review of Ruby Gold Mine and Work Program
https://www.barchart.com/story/news/1927376/d...rk-program
GRASS VALLEY, CA / ACCESSWIRE / June 22, 2021 / Discovery Minerals LTD (OTCPINK
SCR), the precious metals exploration and production company, is pleased to announce the completion of their geological review and work program for the Ruby Gold Mine on the widely known " Mother Lode " in Northern California.
Discovery Minerals plans to re activate the Ruby Gold mine which worked deep lead (channel) placer gold over an extended period between 1878 and 1965. The mine development concept rests on three factors a) that sub ½ ounce alluvial gold which was considered waste rock over much of the mine's history remains in place or as backfill b) that several kilometres of unworked paleo river channels remain to be mined as well and c) bedrock gold associated with orogenic type gold mineralised quartz lodes underlying and in close proximity to the buried gravel channels remain in place.
Discovery Minerals Applauds Geological Team's Review of Ruby Gold Mine and Work Program
https://www.barchart.com/story/news/1927376/d...rk-program
GRASS VALLEY, CA / ACCESSWIRE / June 22, 2021 / Discovery Minerals LTD (OTCPINK
SCR), the precious metals exploration and production company, is pleased to announce the completion of their geological review and work program for the Ruby Gold Mine on the widely known " Mother Lode " in Northern California. Discovery Minerals plans to re activate the Ruby Gold mine which worked deep lead (channel) placer gold over an extended period between 1878 and 1965. The mine development concept rests on three factors a) that sub ½ ounce alluvial gold which was considered waste rock over much of the mine's history remains in place or as backfill b) that several kilometres of unworked paleo river channels remain to be mined as well and c) bedrock gold associated with orogenic type gold mineralised quartz lodes underlying and in close proximity to the buried gravel channels remain in place.
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