DGRI Sells 985 Ounces of Gold From Mine
Here is the news from when the mine was in production. Looks like they are going to be working even harder this time around. I think future production will exceed these numbers by 300-400%.
Dutch Gold Resources, Inc. (Other OTCDGRI.PK - News), a developer and operator of proven gold mines and a regional mill in North America, today reported higher sales for March 2007 than previously reported. In addition, the Company has reported finding free gold in its current mining production.
Earlier, Dutch Gold had reported initial sales in excess of 800 ounces of gold for the month of March. Final production, confirmed internally, was over 985 ounces of gold. The increase is due primarily to enhanced production yields from higher than projected grade ores. Further, this production included only three shipments of concentrate for the month. The Company reiterates that it expects to average four shipments a month on an ongoing basis beginning second quarter 2007.
Dan Hollis, Chief Executive Officer of Dutch Gold Resources, stated, "We are pleased with the positive results of our initial month of regular operations. We are optimistic that our operations team will continue to produce these solid results as we are only now beginning to realize the potential from the Benton Mine. We look forward to continuing to optimize our production during this time of rising gold prices with the goal of increasing profitability and maximizing shareholder value."
In addition, the Company operations have produced an unusual amount of free gold, not commonly seen in structures such as the zones being currently developed. Dutch Mining expects to conduct additional sampling to determine the source and magnitude this anomaly.
