Kerr Mines has launched an exploration program to expand resources at their fully-permitted, high-grade gold property in Western Arizona. With extensive infrastructure in place, advancing to near term production is achievable.
Kerr Mines is a North American gold development and exploration company based in Toronto, Canada. Its focus is to commence gold production of its Copperstone property in the United States. The Board seeks to create value for its shareholders by generating cash flow from existing assets and expanding the resource base via exploration or through strategic acquisitions.
The Copperstone mine is a high-grade, fully-permitted gold deposit located in mining-friendly Western Arizona, along the walker lane belt. Having historically produced ~500,000 ounces of gold, Copperstone contains existing infrastructure which reduces investment requirements and speeds up the timeline to production.
Arizona is a mining-friendly jurisdiction with a long, rich history of resource extraction, accounting for 65% of copper production in the United States. With ready access to skilled labour and a clear permitting and approval process, it is an optimal location for this project. The Copperstone Mine is located in LaPaz County, in Western Arizona, within the Walker Lane mineral belt where it intersects gold provinces in Southern California and Western Arizona. These provinces host a total known gold endowment of over 40 million ounces of gold. Copperstone is part of a lesser-known, globally significant, high-grade gold province. The property is accessible from Phoenix on Interstate 10 to Quartzsite and from Quartzsite on Route 95.
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