American Bonanza (TSX:BZA,OTCQX:ABGFF,PINK SHEETS:ABGFF) announced that the Copperstone gold mine has entered the final phase of construction and has commenced dry commissioning of the Copperstone gold processing plant.
American Bonanza Gold Corp. reports the purchase of a milling and flotation circuit for its Copperstone Mine in Arizona. The purchase of the mill at US$650,000 represents a significant cost savings and is expected to reduce the capital cost of the Copperstone project by over $500,000. The mill has operated for only 2 years and is in [...]
American Bonanza (TSX: BZA) released the results of a Feasiblity Study today at their 100% owned Copperstone project in Arizona. Based on a gold price of $962/oz, the internal rate of return (IRR) is said to be 96.3%. The study sets the Proven Reserves at 255,000 ounces of gold and Probable Reserves at 1,178 ounces. [...]
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