ANV Description — Allied Nevada Gold Corp
Allied Nevada Gold is a gold producer focused on mining, developing and exploring properties in Nevada. Co.'s operating mine, the Hycroft Mine, is an open-pit heap leach operation located west of Winnemucca, NV. Co. also has six properties which have other mineralized material and about 73 other early stage exploration properties. Co.'s principal products are produced at its Hycroft Mine and consist of unrefined gold bars and in-process inventories, both of which are sent to third party refineries before being sold to precious metals traders or financial institutions. As of Dec 31 2013, Co. had proven reserves of 854,286,000 tons of ore and probable reserves of 201,367,000 tons of ore.