Nugget Pond / Hammerdown.

Maritime Resources contracted Halyard to produce a NI 43-101 Feasibility Study for its Nugget Pond process plant (part of Maritime’s Hammerdown Gold Project) located in Baie Verte, Newfoundland, which, in 2004, was decommissioned by the previous operator.

Conducting a feasibility-level review of this previously operational facility required Halyard to inspect the existing equipment to determine what could be effectively refurbished or upgraded and what needed to be replaced in order to meet Maritime’s gold processing needs of a 700 tpd process plant.

Halyard also produced a feasibility level CAPEX and OPEX for the final report.