- MMX Interest: 3.25% net smelter return (NSR) royalty
- Metals: Gold (Au)
- Location: Nevada, USA
- Operator: Rye Patch Gold Corp.
- Status: Producing
- Annual Production: 75,000 oz (1)
- Mine Life: 8+ Years (1)
The Florida Canyon operation is the restart of an existing mine with a long history of production. Currently gold is being produced from ore previously placed on heap leach pads. A Preliminary Economic Assessment was completed in March 2016 and confirmed that the operation was fully funded and permitted. The stacking of ore on a newly constructed leach pad has commenced and Rye Patch expects Florida Canyon to achieve commercial production from the new leach pad in Q1 2017.
For more information on Florida Canyon, please www.ryepatchgold.com.
(1) As reported in the technical report filed on SEDAR (www.sedar.com) titled “Technical Report Preliminary Economic Assessment for the Florida Canyon Mine, Pershing County, Nevada USA” effective March 16, 2016, dated April 18, 2016 and revised June 22, 2016.