Huge gold discovery in Idaho: Gold retains its value not only in times of financial uncertainty, but in times of geopolitical uncertainty. It is often called the “crisis commodity,” because people flee to its relative safety when world tensions rise; during such times, it often outperforms other investments. For example, gold prices experienced some major price movements this year in response to the crisis occurring in the European Union. Its price often rises the most when confidence in governments is low.

Extraction from surface is permitted and test mining is planned to begin immediately. Material will be stockpiled and then processed once a mill is purchased. Toll mining is another potential near-term option. This should generate significant cash flow which is intended to finance the development and exploration of the existing workings.The plan is to extract gold mineralization at a rate of 150 tpdby the end of 2020.

The Mary K mine was first staked on Jan 11908 by Maxwell and Williams.They sunk two shafts and dug cuts along the vein for 3,000 feet.Richard Kleesattel, a mining engineer, picked the mine up in 1915 and began expanding the underground workings.Between 1929 and 1942 Mr. Kleesatteldeveloped at least 2,400 feet of underground workings.The longest is the #4 Level, or Main Access, which is over 2,000 ft long,1,100 ft of it were in high-grade gold mineralization. Read extra details at Idaho gold producer.

The Elk City area sits in a metamorphic complex that is adjacent to the Idaho Batholith. Aplite dikes and other types of magmatic intrusive rocks thought to be emplaced at the time of the batholith are commonly associated with the gold bearing veins.The Elk City district trend is roughly 8 miles long and trends in a northwest-southeast direction. While the company believes the historical sampling data shown in the map is reliable, readers are cautioned that a qualified person has not completed sufficient work to be able to verify the historical information and therefore the information should not be relied upon.

The company plans to develop and test-mine the historical high-grade Mary K mine in Idaho. Bond Resources has signed an L.O.I with the owners of the mineral leases and 450 acre property. Conditions of the underground workings are currently unknown, but additional development and/or rehabilitation is considered straight forward. Elk City is located 33 miles ESE of Grangeville, Idaho. It is the closest town. Elk City is accessed by a well maintained two lane highway (Hwy 14), which follows the south fork of the Clearwater River.

Mr. Carrabba is a mining executive with over 42 years of management and operational experience in the resource industry. He has served on boards of several listed companies including Newmont Mining, Key Bank, Lithium-X and Fura Gems. Mr. Carrabba is currently an active board member on NYSE-listed Timken Steel as well as TSX-listed AECON and NioCorp. Read more info at https://bondresources.ca/.