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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: loantech7/17/2007 11:39:10 PM
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WGDF-This sounds good to me:

<Agreement with the Sanitation Districts of Los Angeles

During its ownership of the Mesquite Mine, Hanson Natural Resources, a prior operator of the mine, entered into an agreement with the County Sanitation District of Los Angeles County, which then developed and permitted a plan to create a 100 year landfill at the Mesquite Mine that when completed is expected to be the largest residential waste disposal in the United States.

Waste is expected to be dumped on lined pads on the pediment commencing in an area to the southwest of the Mesquite pits, ultimately including the southern sections of the leach pads. The waste dumps can utilize much of the material mined at Mesquite as liner and seal. Each cell of the landfill is expected to be sealed as it is completed.

Under the agreement with the County Sanitation District of Los Angeles County, the Company has the right to explore, mine, extract, process, market and sell ore, and otherwise conduct mining and processing activities, anywhere on the property for an initial period through 2024 with automatic extensions until 2078. Much of the infrastructure at the property is likely to be retained by the landfill after mining operations are completed and the Company has met certain reclamation standards. Construction operations are now underway and landfill operations are expected to begin in 2008.>

sec.gov

So permits and delays may not be a problem on this. In addition the dirt to cover may be sold for up to 20 cents a ton. It costs the county about 40 cents a ton to truck or rail in the needed cover. It is already on the WGDF trucks so they gain the sale and the county gains the cheaper dirt. Randy Oliphant mentions words to this effect on an interview on the Western website. Conjecture at this point maybe.
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