To Ron and everyone following AMH,
The following is part of El Dorado Gold's news release today. Thought you might be interested in the progress of the La Trinidad mine...
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LA TRINIDAD MINE, MEXICO
At the 51 percent owned La Trinidad Mine, (Almaden Resources
Corporation 49 percent), located in Sinaloa State, Mexico,
construction of the leach pads, solution ponds, crusher facilities
and the recovery plant were completed in October. Mining and
leaching of ore are underway and gold is being recovered. Since
the beginning of mining activities, approximately 176,000 tons of
crushed ore grading 0.08 oz/ton gold had been placed on the leach
pad. The La Trinidad Mine has a gold resource of 178,000 ounces
and is expected to produce 30,000 ounces of gold during its first
year of production and 22,000 ounces per year thereafter.
Commercial levels of production are expected to be reached before
year end. A reverse circulation drilling program to expand
reserves is currently underway at the mine and a regional
exploration program has been initiated on the Joint Venture's 90
square mile property surrounding the mine.
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Hey, we've got an operating gold mine here. AMH is not just exploration, but a producer, with El Dorado as well. Not bad.
Take Care,
Chris A. |
