Gold Road has signed a Letter of Intent with Mojave Gold to process 70,000 tonnes of ore from the Telegraph Mine – while also securing a 10% ownership stake in the project.
The Telegraph Mine has impressive historical grades of around 29 g/t gold, making it a perfect match for Gold Road’s processing facility. The deal is a win-win: Mojave Gold gains access to our processing technology, while Gold Road generates additional revenue from spare capacity and builds a valuable ownership position in an exciting neighbouring project.