{"id":1151176,"date":"2019-11-21T17:02:20","date_gmt":"2019-11-21T23:02:20","guid":{"rendered":"https:\/\/www.mining.com\/?p=1007404"},"modified":"2019-11-21T17:02:20","modified_gmt":"2019-11-21T23:02:20","slug":"rise-gold-submits-permit-application-to-reopen-historic-idaho-maryland-mine","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1151176","title":{"rendered":"Rise Gold submits permit application to reopen historic Idaho-Maryland mine"},"content":{"rendered":"<p>Vancouver-based explorer Rise Gold (CSE: RISE) announced Thursday that it has&nbsp;submitted an application&nbsp;for a Use Permit to Nevada County to allow the re-opening of its 100% owned Idaho-Maryland gold mine in California.&nbsp;&nbsp;<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The Use Permit application proposes underground mining to recommence at an average throughput of 1,000 tons per day, Rise said. The application and permitting process are being managed by Benchmark Resources, a California based planning and environmental consulting firm.&nbsp;&nbsp;<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>In the two years before closure, mine production averaged 920 tons per day with a mill head grade of 0.38 oz per ton and 121,000 oz of gold production per year<\/p>\n<\/blockquote>\n<\/figure>\n<p>The IM mine is a past producing gold mine which produced 2.4&nbsp;million ounces&nbsp;of gold at an average mill head grade of 17&nbsp;gpt&nbsp;gold from 1866-1955, according to&nbsp;Foster Wheeler Americas\u2019 technical report on the Idaho-Maryland project in June 2017.&nbsp;&nbsp;<\/p>\n<p>The&nbsp;Idaho-Maryland&nbsp;mine was the second largest lode gold producer in the United States before being forced to close under a War Production Board Order during World War II. In the two years before closure, 1940 and 1941, mine production averaged 920 tons per day with a mill head grade of 0.38 oz per ton (12.9&nbsp;gpt) and 121,000 oz of gold production per year.&nbsp;&nbsp;<\/p>\n<p>Rise Gold <a href=\"https:\/\/www.mining.com\/californian-gold-project-yields-high-grade-mineralization-rise-gold\/\"  rel=\"noreferrer noopener\" aria-label=\"recently completed 67,500 feet  (opens in a new tab)\">recently completed 67,500 feet <\/a>(20,600 meters) of exploration core drilling at the\u00a0Idaho-Maryland\u00a0mine. Numerous high-grade gold intercepts were encountered, both near the existing mine workings and to depths significantly below historic mining areas.\u00a0<\/p>\n<p>This past spring, a new intercept from drill hole I-19-12B confirmed a large exploration target on the Idaho #1 vein. Results from this interception yielded 1.35 ounces per ton at 3.5 feet within broader interval assaying higher grade interval of quartz 3.24 ounces per ton over 1.2 fee.&nbsp;&nbsp;<\/p>\n<p>The&nbsp;company&nbsp;said it&nbsp;is fully financed to complete the County permitting process.&nbsp;<\/p>\n<p>By market close Thursday, Rise Gold\u2019s shares were up 7.6% on the CSE. Trading&nbsp;volume reached 298,698, over twice the daily average of 145,985. The company has a C$15.25 million market capitalization.&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The mine was the second largest lode gold producer in the United States before being forced to close under a War Production Board Order.<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[2849,369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1151176"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1151176"}],"version-history":[{"count":4,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1151176\/revisions"}],"predecessor-version":[{"id":1151186,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1151176\/revisions\/1151186"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1151176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1151176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1151176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}