On Dec. 20, in a Market Wire , Colorado Goldfields announced it had performed capitulation from a state of Colorado to start work on china and copper mine. Here are a details.
* The Silver Wing Mine consists of 10 law mining claims opposite 70 acres in San Juan County, in southwestern Colorado.
* Colorado Division of Reclamation Mining and Safety authorized a company's Notice of Intent to Conduct Prospecting Activities. The activities during a Silver Wing Mine to be finished underneath this initial approval embody re-sampling pivotal areas of a mine, verifying cave maps and evaluating before subterraneous growth work.
* The state's capitulation also allows a association to examine a source of existent cave drainage and a ability to control a drainage with an subterraneous grouting module that would liberate a need for a liberate permit, according to a press release.
* A before , published by Reuters in May, states Silver Wing contains a poly-metallic ore featuring 5 recoverable metals: gold, silver, lead, copper and zinc. Colorado Goldfields, during that time, settled it intends to rise a mining and logging operation and furnish approximately 14,500 tons of steel concentrates annually. The association designed a 1-year ramp adult of work and afterwards prolongation reaching 180 tons per day, with full prolongation of 360 tons per day after dual years.
* The sum estimated apparatus of a Silver Wing Mine could surpass $200 million, with 80 percent of that apparatus value stoical of china and copper minerals, settled Lee Rice, boss and CE0 for Colorado Goldfields in May.
* Initial ore find for a Silver Wing Mine was done in 1874, Colorado Goldfields in May. The final prolongation from a cave was from 1962 to 1965. Production ceased due to a smelter strike in 1965.
* Colorado Goldfields is a Denver-based youth scrutiny and mining company, essentially exploring for bullion and silver. It is owners of a Pride of a West Mill, with adult to 700 tons per day capacity. Additionally, a association also owns a Brooklyn Mine, that produces high class ore, and a King Solomon mine. According to a company's financier , Colorado Goldfields expects to see a initial of the handling income from the acquired mines and mill.
News referensi http://news.yahoo.com/colorado-approves-mine-200-million-mineral-213100250.html
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