CEO Blog - Jan 20, 2011
Thursday, January 20 2011 19:55
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Question: Is the Company going to joint-venture any part of your property? Do you have to raise any funds for your production increase or exploration program? When do you expect a stream of drill results?

 

Answer: We have no current plans for venturing any of our properties.  In fact we continue acquiring additional properties in the district, expanding our footprint and creating greater opportunities for exploration and mining. We are fully funded for exploration and for commencing and expanding our existing production capabilities at our processing facilities in American Flats.  We have focused our development and exploration drilling on several of our highest priority targets for meeting the goal of our strategic plan.  Our plan calls for a return to mine production in 2011, and validation of mineral resources and reserves of at least 3.25 million gold equivalent ounces by 2013.

Please see my previous Blog on January 9, 2011, and the Press Release of January 18, regarding communications of drill results.

 

Kindest regards,

Corrado De Gasperis
President and CEO