Aureus East is a high-grade gold project in Nova Scotia gold which includes a fully permitted 300t/d gravity and flotation plant. Aurelius Minerals is currently in the process of redefining, refining and re-engineering the deposit for potential future extraction. The previous operator completed an initial gold extraction from test milling of a bulk sample in March 2017. A historical preliminary economic assessment of the project was filed by Resource Capital Gold in early 2017 with an indicated resource estimate of 58,000 ounces at 11.9 g/t gold and an inferred estimate of 150,000 ounces at 6.6 g/t.
Interest: 1.0% NSR Royalty
Location: Halifax, Nova Scotia
Project Status: Development
Counterparty: Aurelius Minerals (TSX:AUL)