Short description
Broadway Gold Mining Ltd. is a mineral exploration and development company.
Description
Broadway Gold Mining Ltd. (TSX-V: BRD) (“Broadway” or the “Company”) owns a 100% interest in the Madison Gold and Copper Mine (“Madison Mine”), subject to underlying royalties, located in the heart of a prolific gold belt in the Silver Star Mining District of southwestern Montana. The property covers 450 acres with extensive underground development and facilities. It is a gold-copper skarn deposit associated with a deeper copper-gold porphyry deposit, which consists of six federal patented lode claims and 35 under-explored, unpatented mineral claims.
The Madison Mine also hosts the Broadway Gold Mine, where historic production from the 1880s to the 1950s yielded an estimated 450,000 tons averaging 0.32 ounces per ton (oz/t) gold from 6,000 feet of underground workings to a vertical depth of 750 feet.
Broadway believes the Madison Mine project presents an exciting opportunity as the area has never been fully exploited or explored. The Company has also identified a series of existing high-grade gold and copper zones that remain open for expansion.
Last funding
Nopepepe
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Total funding
$$3123123
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Location
Vancouver, British Columbia, Canada, North America
Exited on
December 14, 2010
Went public on
December 14, 2010
Stock symbol
BRD
Non-profit?
No
Acquired?
No
Employees count
11-50