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Re: dent1 post# 80294

Monday, 08/25/2014 10:06:56 AM

Monday, August 25, 2014 10:06:56 AM

Post# of 83044
Dent, in answer to your question.

I was hoping to put something together more formal from the various maps/reports etc but will leave that for an official company release.

But basically the mine has been around 100 years or so, last worked in the 80's, historical production is around 1/3 oz of gold per ton and around 10 oz silver per ton. It should be up and producing 100 tons per day of ore by the end of the year, costs will be pretty low with just 5-7 guys working. Enough ore is already blocked out to keep them busy for the next several years. Progress on the rehab is on schedule.

CPRK owns 50% and is spending money on it.

Several other projects are still in the works.

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