Alone in the Beardmore Camp and with Premier Gold in The Hardrock Project in the Geraldton Camp, Roxmark is developing 15 gold properties and one moly resource in Northwestern Ontario's Beardmore-Geraldton Greenstone Belt, including nine mines which produced more than four million oz. of gold and offer existing infrastructure and underground workings to speed development and reduce cost.
Roxmark plans to reopen the Northern Empire and Leitch/Sand River gold mines (the latter once Canada's richest and now 100% owned by RMK) using its fully permitted, upgraded mill. In addition, the Company will continue to delineate gold resources at other Company-owned properties, both unilaterally and through joint ventures like The Hardrock Project where Premier Gold is enjoying great success as operator. 2009 priorities include drilling the rich new structures just identified at the Northern Empire Mine.
The best place to find gold is in the shadow of a producing mine. As drilling results are showing, historic gold exploration and production on Roxmark lands left behind large amounts of ore in known deposits and missed other neighbouring resources altogether. In the Camps' initial production phase, which came to a close because of a $35 fixed gold price and border issues related to fragmented land holdings Roxmark has since eliminated, the Geraldton-Beardmore area ranked among the top five producing areas in Canada, generating 4.1 million ounces of gold from 19.5 million tons of ore.