10 www.resourceworld.com
j u n e / j u l y 2 0 1 4
Project in north-central Nevada, with
McEwen Mining holding the remain-
der. The company announced McEwen
had started a drill campaign January 27.
On March 3, Nevada Exploration also
announced it had secured 41 new unpat-
ented claims at its Awakening Project in
Humboldt County, which now comprises
158 claims for around 1,200 hectares.
Datasets for Awakening are being analyzed
to determine potential follow-up targets.
Nevada Sunrise Gold Corp. [NEV-
TSXV] has two projects in Nevada;
Kingsley Mountain and the Golden Arrow
near Tonopah, under lease from Newmont
where two zones of gold mineralization
have been discovered – Hidden Hill and
Gold Coin. A Plan of Operations is to be
initiated this year which is a permit appli-
cation to the BLM that seeks to carry out
surface disturbance on the mineral prop-
erty, specifically for drilling and any road
construction that may be required. This
application will require a biological and
archaeological survey for a specific area,
which is planned to begin in May 2014.
Drilling would follow the granting of the
Plan of Operations by the BLM, a process
which would take several months from
the filing of the application. About 3,000
metres is planned to test the Orion 3-D
survey targets outlined by Kevin Killen,
P.Geo., of Ontario.
Newmont Mining Corp. [NEM-NYSE]
has a suite of operations across Nevada.
Attributable production reached 535,000 oz
for Q4 2013 compared with 478,000 oz in Q4
2012. However, costs applicable to sales rose
to $691/oz in Q4 2013, up year-on-year from
$580 in Q4 2012. The impairment of stock-
piles and leach pads as a result of lower gold
prices and lower by-product credits were
cited as the cause. Total Nevada production
stood at 1,768,000 oz gold attributable for
full-year 2013 compared with 1,748,000 oz
gold for full-year 2012.
NuLegacy Gold Corp. [NUG-TSXV]
announced on April 8 that it is fully
funded for drill campaigns at its Iceberg
gold project over 2014-15. The financings
of $1.3 million and $3.2 million reported
in December 2013 and March will be used
