08:39:26 EDT Fri 10 May 2024
Enter Symbol
or Name
USA
CA



MX Gold Corp
Symbol MXL
Shares Issued 155,358,107
Close 2016-09-20 C$ 0.265
Market Cap C$ 41,169,898
Recent Sedar Documents

MX submits notice for drilling, test pitting at Willa

2016-09-21 09:00 ET - News Release

Mr. Bert McPherson reports

MX GOLD CORP. UPDATES SHAREHOLDERS ON WILLA AND MAX MILL SITES

MX Gold Corp.'s 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 Sept. 2, 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 Sept. 6, 2016 -- 30-day consultation process

The purpose of the pipeline is to reroute 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-kilometre survey of the Max mine/mill and tailings property for MX Gold. The Lidar data are expected to be processed within the next 10 to 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

BGC Engineering completed the required site inspection of the Max tailings storage facility on Sept. 13, 2016, in preparation for completing the dam safety review.

Bert McPherson, president of MX Gold, stated: "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."

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