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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: loantech who wrote (30308)1/19/2007 3:41:54 PM
From: onepath  Read Replies (1) of 78417
 
Now that I have a little SF it looks like we are neighbors.

Silver Fields to begin Beacon Light fieldwork Aug. 1

2006-07-21 14:03 ET - News Release

Mr. Chris England reports

SILVER FIELDS CONTRACTS BEACON LIGHT INITIAL FIELD WORK

Silver Fields Resources Inc. has contracted the services of experienced mining geologist, Herb Bradshaw of Spokane, Wash., to carry out an initial exploration program on its Beacon Light property, a past-producing mine in the Coeur d'Alene Silver Valley district of northern Idaho.

The program is required to define the local geology of the property to:

verify the condition of surface access to various adits and shafts;
to verify underground access to the existing mineral zones; and
to propose a budget for these purposes.

Upon completion of such a program, management would be in a position to finalize a realistic phase I budget for the opening up and studying of the property's mineralized zones and to evaluate the feasibility of defining a potential mineral resource at the mine. Phase I would include the following:

road rehabilitation (labour and equipment) to access the adits;
portal rehabilitation excavation of one or more adit portals (equipment, labour and supplies);
underground rehabilitation to make workings safe;
underground geological mapping of accessible workings;
sampling and assaying of accessible mineralized zones; and
limited drilling to help define potential ore zones.

The program is scheduled to begin Aug. 1 and will be completed within a two-week period.

We seek Safe Harbor.




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