US-Based Gold Mining: Allied Nevada Gold Corp

hycroft gold mine

Allied Nevada is an exploration company and US-based gold mining, which runs its wholly owned Hycroft gold mine located near Nevada Winnemucca.

All through the State of Nevada the Company owns further than 100 advanced and early stage exploration properties.

This Company is focusing on interior growth strategies, comprising the development of the Hycroft mine.
Gold production in 2013 is estimated to rise from 180,000 to reach 200,000 ounces.

Allied Nevada is completing a revised feasibility study of Hycroft, which will show the economic benefit of building a sulfide processing plant.
The plant is expected to create a concentrate and a concentrate oxidation process and consist of milling and flotation circuit.

The Company has developed exploration programs Further than Hycroft, at a number of its progressive exploration properties. Also, it has accomplished some drill programs at the Hasbrouck Project, found near Nevada, Tonopah.

In 2012, Drilling provided encouraging results at the proximate Three Hills, situated in the chief Hasbrouck deposit five miles of the north, and have indicated a number of targets which will be the motivation of drilling in 2013.

The company states that Additional drilling is essential to continue to develop the existence of the mine, and that will be the emphasis for the following year as they recruit the permitting process.