Overview
Stage | Residual leach |
Mine Type | Open Pit |
Commodities |
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Mining Method |
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Production Start | ... |
Mine Life | 2026 |
During the year ended December 31, 2021 Rawhide Mining LLC suspended its mining operations due to working capital constraints. Rawhide's only revenue source is processing from the heaps.
During 2022, Rawhide processed ore from its heaps. Rawhide is currently working with its major debtor to restructure the business. |
Latest News | EMX Royalty Announces Fourth Quarter and Year End 2023 Results and 2024 Guidance March 25, 2024 |
Source:
p. 21,44
Austral Gold Limited equity interest in Rawhide Acquisition Holding LLC (“Rawhide”) is 24.74%. The EMX Royalty Corporation has a 38.07% equity investment in Rawhide. Coral Reef Capital is the controlling shareholder.
Rawhide Acquisition Holding LLC (“Rawhide”), a privately held Delaware limited liability company that owns Rawhide Mining LLC which in turn owns the Rawhide Mine.
Contractors
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Deposit Type
- Vein / narrow vein
- Epithermal
Summary:
The Denton-Rawhide Mine is located within the western portion of the Basin and Range Physiographic Province, an area of northward-trending mountain ranges separated by alluvial valleys. The Rawhide epithermal gold-silver deposit is located along a northwest-trending structural zone that delineates the northeastern margin of the central Walker Lane.
The oldest rocks exposed near the Denton-Rawhide project area are limestone, shale and dolomite sequences that most likely correlate with the Triassic-age Luning Formation. These sequences, referred to as basement rocks by Gray (1996), occur in the Sand Springs Range north and east of the Denton-Rawhide Mine. Drilling around the open pits within the project area has encountered these older rocks to depths of 120 to 800 feet below the near surface volcanics (BLM, 1996)
The rock types within the Rawhide volcanic center have been subject to extensive faulting and hydrothermal alteration. The three primary units within the Mine area are referred to informally as lithic tuffs, andesite, and stratified tuffaceous sediments and volcanic breccias. The lithic tuffs (Tlt) consist of volcaniclastic and pyroclastic rocks 800 to 2,000 feet thick (Gray, 2000). The unit is locally divided into subunits based on textural and compositional criteria. Irregular flows of andesite (Ta), the principal host for bulk mineable ore, overlie the lithic tuff (Tlt). Thickness of the unit ranges from 0 to 400 feet (Gray, 1996).
Summary:
The Rawhide mine is a fully permitted operation that produces gold and silver through an open pit heap leaching operation. Rawhide Mining received a mine expansion permit covering the Regent satellite deposit, and open pit mining commenced there in 2019.
Rawhide Mining continued production from the Regent open pit and former heap leach pads during 2021. And mining operations were suspended at year-end.
Regent Pits
Development of the proposed Regent and East Regent pits would result in a total surface disturbance of 68.4 acres on BLM-managed public land. The disturbance area for the proposed pits includes a 100-foot perimeter berm around each pit. The area between the two pits would include the Regent haul road (5.9 acres) and ancillary disturbance (33.9 acres). Approximately 3.4 million cubic yards (yd3) or 5.3 Mt of ore and 3.5 million yd3 or 5.5 Mt of waste rock would be excavated from the Regent Pit and East Regent Pit combined. Ore would be placed in the previously permitted Western Extension Phase 4 Heap Leach Pad (HLP) and Phase VI HLP, and the proposed Western Extension Phase 5 HLP, proposed T-Bone HLP, and proposed Phase VII HLP.
The Regent and East Regent pits would be mined using conventional open-pit mining methods (drilling, blasting, loading, and hauling). The Regent Pit bottom would be excavated to an elevation of approximately 4400 ft amsl and the East Regent Pit bottom would be developed to an elevation of approximately ........
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Summary:
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Financials:
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Pre-tax Income
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After-tax Income
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Corporate Filings & Presentations:
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News:
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