Meadow Bay Announces Listing of Common Shares on CSE & Commissioning of In-Pit Resource Study
Vancouver, BC – March 02, 2018 – Meadow Bay Gold Corporation (“Meadow Bay Gold” or the “Company”) (TSXV:MAY) (OTCQB:MAYGF) (Frankfurt: 20M, WKN A1C3DN), advises that effective at the open on March 2, 2018, the Company’s common shares will commence trading on the Canadian Securities Exchange and will be delisted from the TSX Venture Exchange.
The Company also advises that it has engaged Gustavson Associates, LLC, of Boulder, Colorado to prepare an in-pit resource estimate for its flagship Atlanta Gold Mine Project in Lincoln County, Nevada.
“Commissioning an in-pit resource represents a fundamental shift in Meadow Bay’s thinking,” states Robert Dinning, Chairman and CEO of Meadow Bay Gold. “Although our previous emphasis was on exploration, we feel that the combination of existing infrastructure and a defined resource provides an opportunity to move in a new direction. While we will continue to conduct exploration in Western Knolls and elsewhere in the Atlanta District, our primary goal is to maximize shareholder value by bringing the Atlanta Project toward a timely production decision.”
In addition to the in-pit resource estimate, the Company is looking at additional metallurgical testing of the porphyry mineralization, preliminary mine and process plant design, and initial OpEx and CapEx estimations. The goal is to integrate these studies into a Preliminary Economic Assessment (PEA) later in the year.
Charles “Bill” Reed, a Qualified Person as defined by National Instrument 43-101 and Director of the Company, has reviewed and approved the contents of this press release.
For further information please contact:
Meadow Bay Gold Corporation www.meadowbaygold.com
Robert Dinning, CEO, Chairman and Director
Matthew Harrington, Launch IR
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.