REDDING, CA — Newly reorganized and emerging from bankruptcy, a historic gold mine near French Gulch is once again hiring miners.
Now known as Shasta Gold Corp., the firm that operates the old Washington Mine is based in French Gulch, a small Gold Rush town west of Redding.
By reading the article, it based its $85,000 day rate when gold was at $1,110 and oz. Now at $1,400 oz. revenues could be well beyond $36 million a year minimum.
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