Canadian miner Doré Copper Mining has announced it entered into an option agreement to purchase a 100% stake in the Joe Mann gold mine in Canada’s Québec province, in the country’s eastern part, from local companies Ressources Jessie and Legault Mines.
The planned takeover is to increase Doré Copper Mining’s access to gold, silver and copper mining operations, as indicated by a statement released by the Canadian miner.
The Joe Mann mine ensures a “production of 1.173 million ounces of gold at a grade of 8.26 g/t Au, 607,000 ounces of silver at 5 g/t, and 28.7 million pounds of copper at 0.25% Cu,” the statement said.
The Québec-based mine operated in the years 1956 to 2007, when it was shut down, and it has been privately held since 2008, according to data from Doré Copper Mining.