Last week, the Gold Road team, led by General Manager Jim Cooley, successfully commenced operations at our Arizona mine – ahead of schedule and within budget.
This marks a historic milestone for both Gold Road and the Oatman district, as it represents the first production since November 2021 – when gold traded at $1,650/ounce and silver at $23/ounce.
👉 Watch this short video showing the plant in operation, processing our high-grade Tom Reed tailings as primary feed.
Looking ahead, underground mining at Gold Road is set to resume next month, allowing us to progressively ramp up production to 2,000 ounces of gold and 3,000 ounces of silver per month.
We sincerely thank our shareholders for their continued support as we embark on this next chapter.
Meanwhile, our team is also focused on closing the Pilar Gold financing round, which is progressing well and will enable PGDM to resume operations next month.
Edward Balme
IR Manager | Gold Road Inc
Edward.Balme@GoldRoadUSA.com
Max Beck
Head of IR | Gold Road Inc
Max.Beck@GoldRoadUSA.com
Eric Robinson
IR | Gold Road Inc
Eric.Robinson@GoldRoadUSA.com