Nevada gold mining operations remain strong
Nevada is a prominent player in the U.S. precious metals industry.
- By Superior Gold Group
Nevada is continuing to maintain its place as a hotbed of the gold mining industry, with Canada’s Columbus Gold Corporation having just announced that recent acquisitions have brought the number of its projects in the state to 22.
According to the company, it has just acquired three properties described as “highly prospective” which include the Stevens Basin Property near Eureka and the Weepah Property near Tonopah.
The mining company noted that the Weepah property has historically served as a gold mining operation and is said to have yielded modest amounts of the precious metal during its prior activities. Finally, the company has also acquired the Eastside Property, which is near Tonopah as well.
At the Eastside property, which will be subject to surface sampling and geologic mapping in the near future.
Elsewhere in Nevada, Rye Patch Gold Corp. just announced that it has completed work that will see it take a 100 percent interest in the Wilco project. With this acquisition, Rye Patch now maintains four projects in Nevada.
Overall, projects such as these are helping to sustain the demand for dealer gold that has remained at elevated levels throughout much of the last decade.
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