Quebec-based Maudore Minerals on Friday announced a custom-milling agreement between its subsidiary, Aurbec Mines, and gold miner Abcourt Mines to treat ore from the Elder mine at Aurec’s Sleeping Giant mill.
The Elder mine is located near Rouyn-Noranda, Quebec, and the ore would be trucked to Aurbec's mill, located about 80 km north of Amos, Quebec. The six-month agreement could be if both parties agree desired to do so.
Aurbec had applied for environmental permits and authorisations to store and process the Elder mineralised material at Sleeping Giant and a certificate of authorization was expected soon, after which ore shipments would start.
Maudore had acquired the Sleeping Giant gold mill and adjacent tailings facility through acquiring a subsidiary of North American Palladium for $18-million in cash and 1.5-million common shares in March.
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