Tuesday, August 21, 2012 9:13:16 AM
Western Sierra has completed an initial road survey and has the road improvements needed currently out for bid. The initial focus of the JV will be improvements leading to the main surface ore body, as well as the opening of some of the existing tunnels. The beginning efforts also include the plant pad cleanup; work on the cabin and notifications to the proper authorities regarding activity at the property.
Additionally, we are pleased to announce that Western Sierra will be scheduling a meeting in Prescott, Arizona open to all investors, interested parties and shareholders of both companies. The purpose of the meeting is to give shareholders an opportunity to hear a first-hand presentation of the opportunity at Azurite. The attendees will have a chance to meet with those involved from the mining side and to have any questions or concerns they may have answered. An announcement regarding the date and time will be forthcoming shortly. Any attendees will need to RSVP so that a proper venue may be chosen.
Marc Lovito, President of Gold Coast Mining, stated, "We are appreciative of Western's offer to host a meeting to answer all questions that shareholders may have. We share their belief that the opportunity to meet the people involved with the property face to face and see the opportunity from those in the mining industry in person, is invaluable to an investors due diligence."
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