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Aug 30, 2016 11:37 AM ET

Archived: Nor-Quest Arizona Inc. – A gold and silver mining company using advanced technologies for extraction, processing, and no wastes, with the ability to grow production to over 35,000 oz of gold per year on our 2000+ acre land package in the Crown King mining camp of Arizona

iCrowdNewswire - Aug 30, 2016

Nor-Quest Arizona Inc.

Prescott Valley, AZ 86314, US

A gold and silver mining company using advanced technologies for extraction, processing, and no wastes, with the ability to grow production to over 35,000 oz of gold per year on our 2000+ acre land package in the Crown King mining camp of Arizona.

Nor-Quest Arizona Inc. is positioned to become the next gold and silver producer in Arizona from its project in the historic and past producing Crown King mining camp. The Company holds ownership of seven past producing mines and over ten miles of known mineralized gold and silver bearing veins. The Company’s flagship project on this block is the Gladiator Mine that was discovered in the 1870’s and operated for five short periods. Reportedly 22,595 ounces of gold and 110,000 ounces of silver were produced, along with copper, lead and zinc, over the past century. These periods did not exhaust the resources of the Gladiator vein. Reports from the last operating period in the 1980’s outlined more that four times the total historic production in veins adjacent to the mine workings and these remain in place today. These veins and their gold and silver content are ready for extraction as the mine remains “on stand-by” waiting for the Company to restart operations.

In addition to the existing underground mine at the Gladiator project their is also a 120 ton per day recovery mill. This is the mill that the operations used for the production in the 1980’s. At the time the Company invested close to $11 million to open the mine and construct the mill and infrastructure. This mill, the site and the Gladiator Mine will form the basis assets that the Company will look to operate and grow. The large land package contains numerous other veins to be explored and developed to add tons to the operation. Our Scoping study indicates that we can grow the production rate of the mine to over 35,000 ounces per year in just 3 years with the required capital. The ten year life of the study only uses 1/8th of the know vein strike length of the property indicating that we can grow production and have a very long life asset. One of the key factors of the Crown King camp is the high grade of the veins averaging 0.5 oz per ton. This is an outstanding high grade, high margin, low cost mine.

Products / Services

Production of gold, silver, copper, lead and zinc

The mining and milling operation will produce five products for sale. The processing plant will include a gravity circuit for the recovery of gold and silver and other metals. The gravity concentrate will be smelted on site into dore bars for sale. The gravity circuit could recovery over 50% of the gold. The second part of the recovery process will produce four concentrates; copper, lead, zinc and a final cleaner bulk concentrate. Each concentrate may also contain amounts of gold and or silver. The concentrates will be sold to smelters for further processing and refinement of the metals. With the processing plant in operation we will be offering a toll treatment service for any additional ores from third parties. We will be looking to source additional ore from projects in the region that could be economically transported and processed at our mill generating additional revenue from the fixed asset. Cashflow from these operations will allow for production expansion on the property.



Executive Vice President Chairman
Ronald Wortel

Ron Wortel is the Executive Chairman of the project.  He has 25 years experience in the mining industry as an engineer with Golder Associates and then as a mining equity analyst at Levesque Beaubien, Dundee Securities, Northern Securities, and as Executive VP of Mining Investments at Mineralfields (now Marquest).  Mr Wortel is a Geological Engineer and a QP. He is a registered Professional Engineer and holds an Honours Geological Engineering degree from he University of Waterloo and an MBA from the Ivey School of Business, University of Western Ontario.

Chief Manufacturing/Production
Blair Carson

Blair Carson is currently CEO of Nor-Quest Arizona, Inc. He is a second generation mining professional, a metallurgist and a graduate of the Haileybury School of Mines, with 30 years of varied experience within the fields of Mining and the Oil & Gas industry. During these years Mr. Carson has worked in such areas as senior management, sales, research and development, exploration, and health, safety and environment (HSE) for such companies as Lakefield Research, SGS and World Ventures, Inc. He provides consulting services for various investor groups and junior mining companies with a focus on project evaluation, budgeting, and planning.

President Business Development
Michael Opara

Michael Opara, has been involved in the acquisition, financing, exploration and development of key mineral and oil and gas projects since 1996. He has extensive private and public company experience. He has a Bachelor of Commerce from the University of Toronto and a MBA from the Schulich School of Business, York University.

Senior Vice President Advisor
James Hoar

James Hoar is a Founder of the Clairmount Trust Company in the Bahamas. Clairmount provides wealth management and structuring to ultra high net worth individuals. Prior to forming Clairmont, throughout his career Mr. Hoar has advised international families on how to optimize complex planning and investment opportunities. From 2007 to 2014, he worked for EFG Bank & Trust (Bahamas) Ltd. As Senior Vice President, he managed complex wealth management structures for international families. In this role, he focused on working closely with an exclusive group of ultra high net worth clients in Europe and Latin America.. James holds an MBA from Cranfield School of Management United Kingdom. He is also a Fellow of the Family Firm Institute (FFI) and holds an FFI Advanced Certificate in Family Wealth Advising.


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Contact Information:

Executive Vice President Chairman - Ronald Wortel

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