Cambria Announces High-Grade Ore Discovery in British Columbia
What happened
Cambria Gold Mines announced plans to secure ore deposits in British Columbia, supported by high-grade drill results at the Silver Coin deposit. A hole cut at Silver Coin graded 98.56 grams of gold per tonne, including a meter grading 794 grams per tonne. President and CEO Robert McLeod stated that the Silver Coin deposit is a priority for underground development in spring 2027.
From northernminer.com
Why it matters
Securing sufficient mineable feed is central to Cambria’s plan to revive the 2,500-tonne-per-day Premier mill, which was previously derailed by insufficient underground material. The company plans to blend material from Silver Coin and Big Missouri with higher-grade ore from the Premier deposit.
From northernminer.com
Who's involved
- CambriaCompany planning to secure ore deposits and restart a mill in British Columbia
- British ColumbiaProvince where Cambria operates and where the ore deposits are located
- Robert McLeodPresident and CEO of Cambria Gold Mines
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- CambriaSpeculative
Cambria’s operational viability and future revenue projections might be strengthened by the resource discovery.
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The entities involved
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Cambria
producer of engineered quartz surfaces
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British Columbia
province of Canada
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Toronto
capital and largest city of the province of Ontario, Canada
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- Blue Jay Gold Corp., a Canadian gold exploration company, is seeking American investors in US markets. Its flagship asset is located in southern Yukon.