Solidus Resources said it is the recipient of a Letter of Interest from the Export-Import Bank of the United States (EXIM) regarding the potential financing of up to $835 million for the Spring Valley gold project in Pershing County, Nev.
“The Spring Valley project will be Nevada’s next long-life heap leach gold mine. The significance of this transaction will be far-reaching, boosting domestic non-fuel mineral production, creating thousands of high-paying jobs, increasing significantly both local wages and tax revenues, and enhancing U.S. mining competitiveness,” said Isser Elishis, chairman and chief executive of Waterton Mining, parent company of Solidus.
The funding for the project is being considered under EXIM’s Make More in America initiative and its China and Transformational Exports Program.
Source: Solidus Resources