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New Placer Dome to double the pace

Rebadged explorer New Placer Dome Gold is planning to “double the pace of progress” at its recently-acquired Kinsley Mountain project in Nevada, announcing it had secured a second rig for drilling to start in mid-July.

Staff reporter
Drilling last year at New Placer Dome Gold’s Bolo project in Nevada

Drilling last year at New Placer Dome Gold’s Bolo project in Nevada

It had raised C$12.3 million in an upsized private placement at 22c per unit in May, in part to make the initial payments to Liberty Gold for its 79.1% stake in Kinsley Mountain. The company, formerly...

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