Dutch Gold Resources, Inc. (DGRI) The Jungo pr
Post# of 1842
Dutch Gold Resources, Inc. (DGRI)
The Jungo property lies between the historic Sleeper Mines and Allied Nevada Gold Corporation's Hycroft Mine in Humboldt County, Nevada, and southwest of and across the valley from Newmont's Sandman project. The Company has no direct association with any of these nearby mines.
The Hycroft Mine historically produced in excess of a million ounces of gold and recently announced that it plans to go back into production with the recent discovery of at least 5 million ounces of additional reserves.
The Sleeper Mine produced approximately 1.7 million ounces of gold, much of it from very high-grade near-surface veins. Recent exploration is finding new areas of strong ore-grade mineralization below the historic mine pit and along newly identified mineral structures outside the historic exploration area.
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