VANCOUVER, British Columbia, Sept. 21, 2016 (GLOBE NEWSWIRE) — MX Gold Corp. (TSX-V:MXL) (FSE:ODV) (OTCQX:MXLGF) (the “Company” or “MX Gold”) is pleased to announce current work programs/permitting at the Willa and Max Mill Sites are proceeding.
Willa –Gold/Copper/Silver Deposit
Notice of Work – Site Geotechnical Investigation Program, Ministry of Energy and Mines
Submitted September 02, 2016 – 30 day consultation process
The Notice of Work (NOW) has been submitted for geotechnical drilling and test pitting to determine ground conditions for the proposed settling pond location and highway truck loading pad, and geochemical studies on the 1025 Portal Waste Dump. Upon successful completion of these programs, permit applications will be submitted for the construction of the settling pond and truck load-out pad.
Notice of Work – Water Discharge Pipeline, Ministry of Energy and Mines
Submitted September 06, 2016 – 30 day consultation process
The purpose of the pipeline is to re-route the water currently discharging from the 1025 Portal onto the ground in the area of the proposed settling pond. As approved by the Ministry of Environment, the water will be directed into Aylwin Creek. The work program is scheduled to commence immediately upon permit approval by MEM following the consultation period.
Max Mill and Tailings Site
Lidar/Photo Acquisition Survey – Eagle Mapping
Eagle Mapping has completed a 15 square kilometer survey of the Max Mine/Mill and Tailings Property for MX Gold. The Lidar data is expected to be processed within the next 10-15 days and will be used in the final design of the Pyrite Settling Pond and later used for design work on the tailings storage facility.
BGC Engineering completed the required site inspection of the Max Tailings Storage Facility on September 13, 2016 in preparation for completing the Dam Safety Review.
Bert McPherson, President of MX Gold Corp., states, “Our on-site team has been very active at the Willa and Max Mill site. I am pleased with their hard work that is keeping our flagship project on schedule. We are also working with the Ministry of Energy and Mines to maintain our program’s momentum. We believe our shareholders can look forward to exciting news in the months to come.”
About MX Gold
MX Gold Corp. is a junior mining company focused on the mining, exploration and development of advanced projects located in the Kootenay region of British Columbia. The Company’s primary focus is its high-grade Willa gold and copper project located 12 kilometers south of Silverton, B.C. In 2015, MX Gold Corp. completed the accretive acquisition of the Willa project and the Max Molybdenum Mine and Mill Complex. This acquisition removed major costs and shortened timelines typically associated with mine project development with planned ore shipment from Willa to the Max Mill. The Willa mine is located 135 kilometers south of the Max Mill. MX Gold Corp. can also elect to reopen the Max Molybdenum mining operation once world Moly prices improve.
On behalf of the Board of Directors,
Akash Patel, Vice President and Director, MX Gold Corp.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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