Re: I heard we will be getting news early next week...

7km’s of gold vault strike between 3 gold producers

In one of the largest gold producing regions in Canada

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Re: I heard we will be getting news early next week...

in response to

Re: I heard we will be getting news early next week...

glorieux

posted on Jul 14, 2008 04:19AM

Annaconda has a property called Pine Cove Gold Mine in NL which has 2.3Mt at 2.76g/t. They have a Gekko system that came into production in May of this year. It is a small plant and they are getting the bugs out now. The significant thing is it would appear that it has been proven that a low grade open pit can be feasilble with the proposed system. With the tonnage OPW is talking, the numbers should be very favorable.