Blossom is a Canadian-based precious metals exploration and development company that recently began trading on the TSX under the symbol BGAU. Blossom acquired the Rosebud Project in connection with the TSX-listing and will be focused on the exploration and development of the project. 

The former Rosebud Mine operated from 1997 through 2000 by the Rosebud Mining Company, a Newmont-Hecla Joint venture. It was an underground mine that operated at a cut-off grade of approximately 0.2 opt Au (6.86 g/t), when gold prices ranged from US$250 to US$350/oz; with mined
material truck-hauled approximately 120 miles (193 km) to an existing Newmont oxide mill for processing. The mine was closed due to the then low gold prices and the property fully rehabilitated. The property has essentially sat dormant since 2014, following a small drill program carried out on the property by Harvest Gold Corporation between 2010 and 2014.

The property currently hosts a 2025 NI 43-101 Inferred Mineral Resource of 70.755 million tons of 0.018 opt Au (0.62 g/t Au) and 0.189 opt Ag (6.49 g/t Ag) for 1.28 million ounces of Au and 13.4 million ounces of Ag. The mineral resource estimate was open pit constrained using long term gold and silver prices of US$2,500 and US$35 per ounce respectively. The deposit is open in all directions.

The Company’s vision for the property is to evaluate expanding and advancing the surrounding, larger volume of lower grade mineralization as a potential open pit mining operation with on-site or nearby heap-leach processing and recovery of gold and silver. We will also assess utilizing the existing underground infrastructure to explore the open pit and consider higher-grade mineralization that had not been previously mined as a possible source for early production.

Blossom Gold Inc.

Org chart

Teams

Offices

Blossom Gold Inc.

Org chart

Teams

Offices

Related companies