Montana Tunnels Mining Inc
Montana Tunnels Mining Inc is a fully integrated open-pit mine and concentrating facility that has been in operation since 1986, extracting over $4.85 billion worth of minerals at current prices. Acquired in two phases from Apollo Gold Corporation, the company is now focused on expanding the existing L-Pit with the newly permitted M-Pit to access additional reserves and ensure profitable mining operations for the next eight to nine years.
The company's expansion plan includes removing 53 million tons of waste rock to access the underlying ore body, with substantial proven and probable reserves of Gold, Silver, Lead, and Zinc. With plans to increase the number of full-time employees and recommence operations at the Mill Complex, Montana Tunnels Mining Inc aims to continue its successful mining and milling operations while exploring potential underground mining approaches for further extraction.
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