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Home News GEMXX Corp. Plans to Boost Gold and Gemstone Production with Focus on Yukon Gold Project

GEMXX Corp. Plans to Boost Gold and Gemstone Production with Focus on Yukon Gold Project

by Madonna

In the ever-evolving landscape of the ammolite gemstone mine-to-market industry, GEMXX Corporation has unveiled its ambitious vision for the future after a fruitful collaboration with Canadian gold exploration entity Crazy Horse Mining, Inc. This strategic roadmap encompasses an expansion of gold and gemstone output and a deliberate pursuit of acquisition opportunities geared towards enhancing the overall value for stakeholders.

In the year 2023, GEMXX and Crazy Horse Mining achieved a pivotal milestone by successfully processing gold-bearing ore at the Snow Creek Mine site, underscoring the economic feasibility of the operation. The two companies are now gearing up to triple their production output in the upcoming year, setting the stage for remarkable growth. Furthermore, GEMXX envisions a remarkable upswing in gemstone and jewelry production, anticipating a staggering 300% surge.

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To ensure the utmost precision and transparency, the corporation is diligently gathering and analyzing data from the 2023 mining season to facilitate the finalization of an S-K 1300 compliant resource report. This strategic move is expected to yield a more precise asset valuation for properties such as Snow Creek Mine and Rosella Creek.

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In addition to this, GEMXX has set its sights on acquiring a 50% stake in the coveted Yukon Gold Property by the end of 2023. This property has the potential to host an impressive quantity of recoverable gold, estimated to be between 2,210,660 and 4 million ounces.

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Jay Maull, the CEO of GEMXX, emphasized that all these endeavors are strategically aligned to enhance the value proposition for the company’s shareholders. Notably, GEMXX Corporation exercises comprehensive control over every phase of its production process, spanning from mining operations to global distribution. Collaborating closely with its partner, Crazy Horse Mining Inc., the company capitalizes on substantial gold assets located in the British Columbia region of Canada, further fortifying its position in the industry.

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