Vancouver, British Columbia--(Newsfile Corp. - March 8, 2018) - Meadow Bay Gold (CSE: MAY) is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol "MAY", having previously traded on the TSX Venture Exchange. Meadow Bay is a gold exploration company whose primary focus is exploring and developing the Atlanta Gold Mine Project, located in Lincoln County, Nevada.
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The Atlanta Mine is situated close to all necessary mining contractors and has infrastructure including power and water at the site.
The company is working with Gustavson Associates of Lakewood, Colorado, to complete an NI 43-101 Technical Report to define an in-pit resource on its porphyry-hosted gold discovery. The purpose of the in-pit resource estimate is to identify that portion of the larger global resource that could be exploited under current market conditions through open-pit mining. In particular, the area immediately to the west of the historic Atlanta Mine shows exceptional promise.
A secondary purpose of the in-pit resource is to update the previous resource estimate and include the results of more recent drilling.
Robert Dinning, Chairman and CEO, stated: "Commissioning an in-pit resource represents a fundamental shift in Meadow Bay's thinking. Although our previous emphasis was on exploration, we feel that the combination of existing infrastructure and a defined resource provides an opportunity to move in a new direction. While we will continue to conduct exploration in Western Knolls and elsewhere in the Atlanta District, our primary goal is to maximize shareholder value by bringing the Atlanta Project toward a timely production decision."
For more information, please visit the company's website at www.meadowbaygold.com, contact Robert Dinning, Chairman & CEO, at 604-641-4450. Investor relations are handled by Matthew Harrington of Launch IR, who can be reached at 613-882-7467.
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