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CLIENT FEATURE: St. George Eco Mining $SX.ca: Using Hydrothermal Energy to Develop 100% Owned Iceland Gold Targets $NNX.ca $OM.ca $ICM.ca

Posted by AGORACOM-Eric at 9:32 AM on Wednesday, November 25th, 2020

Planning to Use Hydrothermal Energy to Drill Iceland Gold Targets

St-Georges Eco-Mining Corp. plans on reviving Iceland’s long-dormant gold mining industry by using its vast abundance of renewable energy to drill for gold.  St. George’s emphasis will be on making the most eco-friendly and socially responsible gold in the world.

  • St-Georges, is the only junior exploration company to own all the mineral rights of a western country
  • Controls all the active mineral tenures in Iceland
  • St-Georges plans to mine with robots, while the equipment and processing primarily will use electricity made from geothermal and hydro power by Landsvirkjun, the state-owned power company
  • Iceland is one of the countries with the highest ratio of green energy globally 

Thormodsdalur Project is the most advanced project in Iceland 

  •  Drilled a 124-meter-deep (407-foot-deep) hole in Thormodsdalur, outside Reykjavik, in September
  •  Drilling up to 1,000 meters or up to 25 new shallow holes on the Thor Gold project
  • Opportunity to extract epithermal gold with geothermal power 
  • Total area in excess of 4,600 km2 with 9 prospecting licences 
  • Mineralization bearing outcrops were identified and sampled and brought to St-Georges’ secure facilities in Reykjavik for petrographic analysis in October

Iceland Resources ehf ( 100% St. George Eco-Mining )

  • Controls all the active mineral tenures 
  • Including drill ready Thor Gold Project 
  • One of the countries with the highest ratio of green energy  
  • 100% renewable energy and zero carbon footprint. 

Mining In Iceland

  • St. George’s emphasis will be on making the most eco-friendly and socially responsible gold in the world
  • St. George’s anticipates Iceland’s gold to be sold with a premium.
  • St. George’s ideology is about making minimal disturbances to the ground.
  • Thormodsdalur have minimal visible activity when mining activity starts
  • St-Georges will use all the material extracted from the ground during the mining process
  • After the minerals are separated, the remainder would be used in building material and concrete.

FULL DISCLOSURE: St. George’s Eco-Mining is an advertising client of AGORA Internet Relations Corp.

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