Orefinders Resources Inc. (TSXV:ORX) CEO Bill Yeomans spoke with Resource Investing News about the Mirado Gold Project in Kirkland Lake, Ontario. The Company is currently working in a mature gold camp with several mills in the area, with 3 stockpiles containing 3,000 ounces at an average of 4.14 grams per ton. In 2014, Mr. Yeomans says, “Our plan is to process this pile, if the gold price is permissible.” as well as construction of roads leading to the property in June or July.
Orefinders is currently well financed and focused on its 2014 exploration program at its wholly-owned Mirado gold project in Kirkland Lake, Ontario, with $1.7 million working capital as of January 31, 2014. The Mirado gold project is the subject of a Technical Report prepared by SRK Consulting (Canada) Inc. dated December 9, 2013 and hosts a NI 43-101 compliant resource of 442,000 ounces of gold in an inferred mineral resource of 10,618,000 tonnes with an average grade of 1.29 grams per tonne gold (gpt Au) in open pit, underground and three separate stockpiles.