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(Wallace Refiners) – Arizona Gold (TSX: AZG, OTCQB: AGAUF) today provided a project update at its 100% owned Copperstone gold mine located in Arizona, United States.
The company said that it is currently focused on securing long term lead items, recruiting key personnel, finalizing detailed engineering for the mine and mill, and sourcing underground mining contractors and equipment. Targeted restart of the Copperstone gold mine is Q4-2021.
Arizona Gold added that it has secured several key consultants for the mine and is in the process of finalizing details to prepare the project for operations. Related to the underground mine, ongoing work includes final recommendations in the areas of backfill design, geotechnical, ventilation, water management and electrical infrastructure.
The company has initiated pre-production mine ground support rehabilitation and will begin stope definition drilling at the conclusion of the current exploration drilling program. Stope definition drilling is a key component necessary for detailed final gold ore stope designs. These activities are in preparation for initiation of mine development activities and are on schedule with the goal of commencing mine development in Q3 2021, followed by mine ore production in Q4 2021.
Arizona Gold is an emerging American gold producer advancing the restart of production at its 100-per-cent-owned, fully permitted, past-producing Copperstone mine project, located in mining-friendly Arizona.
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