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Streetwise Reports Examines How A Gold Explorer with Past-Producing, Fully Permitted Arizona Mine Surges

/EINPresswire.com/ -- SAN FRANCISCO, CA--(Marketwired - August 31, 2017) - A past-producing mine in Arizona comes back to life with a new, well-financed and disciplined management team.

Company included in article: Kerr Mines Inc.

Kerr Mines Inc.'s (TSX: KER) (OTC: KERMF) Copperstone project in Arizona is an example of the old mining adage, "The best place to look for a new mine is near the headframe of an old mine." The project is a historical 500,000-ounce gold producer with blue-sky exploration that has significant development and production infrastructure in place and ready for use.

Copperstone was mined by Cyprus Minerals as a heap-leach surface mine from 1989 to 1993, when it was decommissioned. Between 2010 and 2014, American Bonanza developed a small underground operation that was put on care and maintenance due to engineering and financial issues, as well as a downward trending gold price.

The previous owners of the mine had made large investments in infrastructure. The existing underground access, mill, surface impoundments and related infrastructure are well built and are in sound working condition, according to the company.

Continue reading this article: Gold Explorer with Past-Producing, Fully Permitted Arizona Mine Surges

About Streetwise Reports/The Gold Report

Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

DISCLOSURE:

The following companies mentioned in this article are sponsors of Streetwise Reports: Kerr Mines Inc. Streetwise Reports does not accept stock in exchange for its services.

The full disclosure is provided at the end of the published article: Gold Explorer with Past-Producing, Fully Permitted Arizona Mine Surges

For more information, please contact
Melissa Farley
Associate Publisher
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Distribution channels: Mining Industry