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Alias Born | 01/10/2005 |
Wednesday, June 15, 2011 3:03:43 PM
“SRC”
LUCKY BEN GOLD/SILVER PROJECT
WARREN MINING DISTRICT, IDAHO
UPDATED 6/14/2011
SRC has executed non-disclosure and confidentiality agreements with two separate, successful, underground precious metal mining companies. Both may (terms and conditions currently bring negotiated) provide funding as well as engineering, geological, metallurgical, concentrating and refining expertise. However, no assurance can be given that SRC will enter into Definitive Agreements with such mining companies.
•SRC’s plan of operations for this year is to move forward to production in various onsite locations. In view of the late, heavy snowfall this spring the Warren Wagon Road from McCall to Warren could be plowed and opened this week. Road bed moisture content will be evaluated to determine when SRC’s heavy equipment can be transported to project without damage occurring to the road and proceeding with operations.
•Cobalt occurs in separate pockets and is not part of the metallurgical makeup of the #4 Little Giant Vein of four identified intersecting vein structures. Cobalt deposits contain less than 2% lead/zinc and that ore can be sold to cobalt refineries. These facts prevent SRC from determining volume and grades of cobalt and are not included in the five page “Mineral Resources Overview” posted on SRC’s website.
•SRC also has commitments and non-disclosure, as well as confidentiality, agreements with independent, highly regarded, underground, precious metals development/production mining companies.
•SRC has arranged for surface equipment operators and laborers.
•SRC plans to post updates every 4-6 weeks.
•For the Officers and Directors
•W.F. Bill Brown, CEO
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