Golden Dawn Minerals Inc is a mining company that acquires, explores, identifies, and develops mineral resource properties in Canada. It bought three former producing mines and a processing facility, including Golden Crown, Lexington, May Mac Mine, and Greenwood Mill. All are surrounded by roads and power sources.
Golden Dawn Minerals has a large Kettle River land package near its Phoenix property. The Kettle River land package includes 29 past producing mines such as the major Phoenix mine, which yielded 500 million pounds Cu and one million oz of Au. In 1978, the Phoenix mine was closed.
The company’s headquarters is in Vancouver, British Columbia. Golden Dawn Minerals Inc is a publicly listed company on the TSX Venture Exchange market (TSXV), where its common stocks trade under the ticker ‘GOM’.
In addition to the TSXV, the mining company is also listed on OTC Pink market and Frankfurt Stock Exchange under the symbol ‘GDMRD’ and ‘3G8C’, respectively.
The company owns and operates a 100 per cent stake in the Lexington-Grenoble deposit. Merit Mining Corp mined 54,237 tonnes of ore from this mine and for processing, it used the Greenwood gravity-flotation plant and developed 5,486 oz of Au, 3,247 oz of Ag, and 860,259 pounds of Cu.
The company owns and operates a 100 per cent stake in the Golden Crown mine which is situated to the south of the Greenwood Process Plant and consists of numerous contiguous claims and covers a land package of 1,017 hectares. The claims are situated ESE of Greenwood, and south of the historic Phoenix open pit mine.
Golden Dawn Minerals owns and operates a 100 per cent stake in the May Mac mine which is a past-producing mine situated in the prolific Greenwood mining camp.
The acquired shares of Kettle River Resources Ltd in January 2017. The KRR assets consist of Greenwood area properties and cover a land package of 11,000 hectares, encompass 78 mineral showings and consist of more than 30 historic metal mines such as the large Phoenix mine. The historical Phoenix Cu-Au skarn deposit is considered a primary area of mineralization on the property.
Merrit Mining developed the Greenwood Mill in 2007. Due to the financial crisis, the mine stopped its operation in December 2008. Golden Dawn bought it in 2016.