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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL

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From: PaperPerson	11/24/2011 1:03:41 PM
	of 4690

McGarry mine in northeast Ontario to reopen. I love it when this happens. 105mm shares as of april PDF, link below. Armistice Resources Slated To Begin Gold Ore Production Shortly At McGarry Mine Thursday, November 24, 2011 11:54 AM Armistice Resources Corp. (TSX: AZ) reports that they are set to begin gold ore production at the company’s McGarry Mine in northeastern Ontario. “We expect to begin gold ore production shortly, based on the progress that we are making in the McGarry Mine,” says Todd J. Morgan, president and chief executive officer. “This will be an exciting milestone for us and positions us to begin gold sales in the first quarter of 2012.” The initial target production rate is 25,000 ounces of gold per year in 2012, increasing to a rate of 40,000 ounces in 2013 with cash costs ranging between $600 to $650 per ounce produced. Armistice Resources is a Canadian-based exploration and development company with the McGarry Mine located in Virginiatown, Ontario as the company’s flagship project. Presentation: armistice.ca

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