Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Friday, November 15, 2019  Spokane, Washington  Est. May 19, 1883
Fog 35° Fog
News >  Nation/World

Work To Begin On Mine Feasibility Study

By From Staff And Wire Reports

Gold Reserve Corp. of Spokane said Wednesday that JE MinCorp, a division of Jacobs Engineering Group, would begin working on the feasibility study at Gold Reserve’s gold and copper Brisas mine in Venezuela.

Jacobs Engineering is expected to complete the pre-feasibility study this fall. Their work will include analysis of the processing facilities, tailings dam and the site. The feasibility study will be finalized by 1998, Gold Reserve said.

Gold Reserve is developing the gold and copper deposit, which contains 7.3 million ounces of gold and 950 million pounds of copper, the company said. Through the end of the second quarter, Gold Reserve had invested $38 million in the deposit.

, DataTimes

Subscribe to the Morning Review newsletter

Get the day’s top headlines delivered to your inbox every morning by subscribing to our newsletter.

You have been successfully subscribed!
There was a problem subscribing you to the newsletter. Double check your email and try again, or email webteam@spokesman.com