Development For The PL Gold Mine
“Minnova Corp is a gold development and exploration company. We really have two sides to Minnova, one is the development of the PL Mine and the other is the exploration and upside for resource expansion. We came out with a positive feasibility study in November of 2017 which to me is really what you’re looking for in all mines, where you’ve got a core asset that has good financial, good economics and then it also has exploration and resource expansion potential.” – Gord Glenn, Chairman & CEO of Minnova Corp.
Minnova Corp. is an emerging Canadian gold producer focused on re-starting the PL Gold Mine and expanding gold resources on its PL and Nokomis gold deposits. The Company has completed a Positive Feasibility Study in support of re-starting the PL Mine at an average annual production rate of 46,493 ounces over a minimum 5 year mine life. The resource remains open to expansion and future surface exploration work programs will target resource expansion. The PL Gold Mine has a relatively short pre-production timeline forecast at 15 months, benefits from a valid underground mining permit (Environment Act 1207E), an existing processing plant, over 7,000 meters of developed underground ramp to -135 metres depth, is fully road accessible and close to existing mining infrastructure in the prolific Flin Flon – Snow Lake Greenstone Belt of Central Manitoba.
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