| VANCOUVER, Canada, August 4, 2021, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), announces that it plans to initiate refurbishment of its mill near Greenwood in southeastern British Columbia. |
 Greenwood Mill Site |
| The Company is moving toward renewed operations for its Greenwood Mill. The mill consists of a permitted, modern crushing-grinding-gravity-flotation facility with a process plant rated at 200 tonnes per day capacity, assay laboratory and tailing facilities. The process equipment has been kept under care and maintenance since December of 2008 and remains in good condition. The facility was built in 2007 and operated for eight months. It processed material from the Lexington-Grenoble Mine, with production of 5,418 ounces gold, 3,196 ounces silver and 861,281 pounds of copper from 53,782 tonnes processed. The plant produced two marketable products: a gravity-gold concentrate and gold-copper concentrate. Both products were trucked from site to Vancouver. The gravity concentrate was refined to dore bars before being sold and the concentrate was marketed to a commodities purchaser. |
 200 tpd ball mill |
| Refurbishment of the process plant facility and crushing equipment is required to prepare for operation and processing. The following key items have been identified as required for re-furbishing the existing process facilities: • Refurbish crusher and plant equipment. • Upgrade existing electrical and mechanical installations if required. • Install ancillary first aid room, wash facilities and new offices. • Complete environmental management plans as required for Mines Act permit. • Complete application for environment discharge permit (no discharge planned). • Complete Health and safety audits and implement monitoring programs. • Staffing. Once the facility is operational at its current capacity, engineering design works for increasing the tailings facility capacity and for permitting an upgrade of the plant to 400 TPD will be considered. This would involve design and construction of one or more raises to the final tailings dam height and/or possible installation of a dry-stack tailings system, installation of an additional ball mill or a larger capacity mill, and additions to the gravity and flotation circuits. |
 Copper floatation cells |
| The Greenwood Process Plant facility is a key component for potential production from surrounding precious metal deposits in southern BC. Potential sources of process material could include gold-copper & silver material from the following: • Lexington Mine (gold-copper) Golden Dawn GOM.v • Golden Crown Mine (gold-copper) Golden Dawn GOM.v • May Mac Mine (silver-gold) Golden Dawn GOM.v • Deadwood deposits (Golden Dawn GOM.v) • Kenville mine at Nelson (Ximen Mining Corp. XIM.v ) • Gold Drop property (GGX Gold Corp. GGX.v ) • Lone Star Mine (Belmont Resources BEA.v ) The plant process was proven in 2008 on gold-copper material mined from Golden Dawn’s nearby Lexington deposit, and initial metallurgical studies indicate that material from Ximen’s Kenville gold mine and Golden Dawn’s May Mac silver-gold deposit could be processed at the Greenwood facility with little or no modifications to the process equipment. Re-opening the Lexington mine will require rehabilitation, pre-production development and initial mining before any gold-copper feed material could be available for processing. The Company is currently evaluating the necessary requirements. Golden Dawn continues to explore for additional gold-copper deposits and recently completed a property-wide airborne geophysical survey that is expected to result in high quality targets for drilling. Project Profile Golden Dawn’s Greenwood Gold Process Plant is located in the historic Greenwood Mining Division in south-central British Columbia, Canada, approximately 500 km east of Vancouver. The Company’s focus is re-activating the process plant for toll milling of material from surrounding mines. For more information, refer to the company website www.goldendawnminerals.com. Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate. Technical disclosure in this news release has been approved by Dr. Mathew Ball, P.Geo., President of the Company and a Qualified Person as defined by National Instrument 43-101, For more details, please see the most recent National Instrument 43-101 Technical Report on the Company’s website at www.goldendawnminerals.com. On behalf of the Board of Directors: GOLDEN DAWN MINERALS INC. Per: “Christopher R. Anderson” Christopher R. Anderson Chief Executive Officer For further information, please contact: Golden Dawn Minerals Inc. – Corporate Communications: Tel: 604-221-8936 Email: Office@goldendawnminerals.com |
