Newmont to explore Miramar’s Paymaster properties

Total past production from the properties is reported at 99,625 tons at an average recovered grade of 0.56 oz per ton gold equivalent, or 55,586 oz of gold (plus significant silver values). Miramar said mineralization consists of free gold and silver associated with quartz veins in altered Tertiary volcanics, with the alteration traced over 2 km of strike length.

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