PROJECT SUMMARY
Newton and Boyle is a privately held corporation currently focused on raising funds to bring the Van Deemen gold deposit into production. The Van Deemen is an economic, low capital cost project, ideally suited for open pit mining and heap leach processing. The company principals are seasoned mining and business professionals, with in-depth knowledge of the project.
PROJECT HIGHLIGHTS
A near surface resource: 200+ RC drill holes define an internally calculated resource estimate (IDS) of approximately 100,000 ozs grading 1 g/t.
Good recovery (+70%) using heap leach.
Low strip ratio (1:1) /low-cost ($875) open pit mining.
Low capital requirements.
Technical report completed.
Private Ownership: group of businessmen, mining engineers, geologists familiar with the project and mining in NW Arizona.
Exploration Upside: Potential: satellite deposit in claim block (same geology, larger gold-in-soil anomaly, 5 drill holes) could potentially add 50% more
ounces.
LOCATION & INFRASTRUCTURE
Black Mountains are the most prolific gold producing range in Arizona having a total past production in excess of 3 million ounces.
- Project is located in the El Dorado mining district of the Black Mountains, NW Arizona US.
- Excellent site access – 50 miles northwest of Kingman, Arizona (population ~28,000) and 60 miles from Las Vegas, NV.
- Well developed infrastructure and workforce nearby.
GEOLOGY & MINERALIZATION
Epithermal mineralization exposed at surface with low stripping ratio.
Mineralized low angle normal fault.
Mineralization appears to be very fine free gold.
Widespread alteration with limited pyrite.
MINE DEVELOPMENT
Initial production focused on near surface mineralization. Metallurgical recoveries projected at – 70% utilizing low capex/low operating cost on immediately adjacent heap leach facility.
EXPLORATION
Exploration activities will continue thru the life of the mine to further develop the project potential.
NEWS
Newton and Boyle’s Barbara Carroll has been invited to speak at the SME Arizona Conference running from December 8-9, 2019 in Tucson, Arizona. Ms Carroll will be presenting during the Geology Technical Session where she will be talking about Using Advanced Technologies to More Effectively Utilize Historic Exploration Data at the Van Deemen Gold Project, near Kingman, Arizona. A recording of the talk is available on YouTube at https://youtu.be/ZI1q32SyXUY