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Re: stockguy1234 post# 39920

Wednesday, 05/18/2011 5:48:27 PM

Wednesday, May 18, 2011 5:48:27 PM

Post# of 102667
Further, as of 2007, there had been no active gold mining production in Az for many years. I would assume that there may have been some production decisions since then, but haven't heard of any.

This is the latest mining report http://www.admmr.state.az.us/Info/mining_update2007.pdf

This 2010 map shows one gold development site..... http://www.admmr.state.az.us/Info/MajorMines2010.pdf

From the 2007 report

Gold and Silver
Fueled by rising gold prices, interest in Arizona gold deposits was widespread and numerous
companies conducted exploration drilling and other
work programs.
American Bonanza Gold controls the Copperstone deposit, La Paz County, with 335,000 ounces
of measured and indicated underground resources. A
two-phase drilling program completed during 2007,
consisting of 44 holes totaling 43,227 feet, discovered two new gold zones.
Patriot Gold now controls the Margarita mine
area, Santa Cruz County, covering approximately
900 acres of patented and unpatented mining claims.
A drilling program was permitted by American Goldrush to test for high-grade faults that feed the near
surface cap of disseminated mineralization. Drilling
is planned to begin in early 2008.
Northern Freegold Resources acquired Burro
Creek, Mohave County. The 2,000-acre property
covers a low-sulfidation epithermal vein system that
has been traced for over 1.7 km with widths up to 45
meters. A previous drilling program identified over
2.5 million tons of 0.03 grade gold mineralization in
the central portion of the property. A 3,000-meter
drill program began in January of 2008 to confirm
historical work and test additional areas.
Kent Exploration holds an option on the Rosebud, Mohave County. Following a limited under-8
ground sampling program, a 5,000-foot diamond
drill program commenced in September 2007 and
resumed in November. Incomplete results in early
2008 for two of seven drill holes found mineralized
intercepts in numerous narrow veins.
In August 2007, Ventura Gold commenced a
core-drilling program at the 100 percent held Gold
Gulch property near the Morenci mine in Greenlee
County. A 10,000 feet program of six to eight holes
was planned.
A private group holds the Verdstone, in Yuma
County where a drift to collect a bulk sample for
metallurgical testing is planned.
Kinross sold the previously drilled Yarnell resource in Yavapai County containing approximately
300,000 ounces of gold to CaNev Resources.
Wildcat Silver controls 80 percent of the
Hardshell deposit, Santa Cruz County, along with
Arizona Minerals. In February 2007, a preliminary
assessment reported an inferred resource of 53.5
million ounces of silver along with 1.2 billion lbs of
manganese. Wildcat commenced a 7,500-foot drill
program in July 2007 to obtain material for metallurgical testing and to explore untested deep extensions of Hardshell mineralization.
Southern Silver and Tombstone Exploration
have both assembled large land positions in the historic Tombstone silver district in Cochise County to
explore for silver and base metals. Southern Silver
began a drill program late in 2007 to follow up on a
series of mineralized east-northeast trending fracture
zones identified in a portion of the property by mapping and suggested to be persistent by geophysical
surveys.
For more information on mining, order Directory 51 Active Mines in Arizona 2007 and for more
details on the geology and distribution of metallic
commodities discussed here, download the Arizona
Department of Mines and Mineral Resource’s
OFR08-26 Arizona’s Metallic Resources - Trends
and Opportunities posted at: www.mines.az.gov .
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