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North American Gem Inc. (CVE:NAG) reported that it has resumed mining operations at the North American Gem #2 Mine.
The press release is quoted as saying:
Reclamation and production equipment is currently being mobilized to the mine site.
Under an Agreed Order with the United States Bankruptcy Court, NAG has recently been granted relief to replace M3 Energy Resources, LLC, who were listed as operators at the North American Gem #2 Mine in December 2010.
North American Gem’s President, Charles Desjardins said:
“We are pleased to finally be able to move past the operating complications that were inhibiting production at the North American Gem #2 Mine.” “We are looking forward to concentrating on maximizing the Company’s assets in Kentucky.”
Click here to access the entire news release.
Click here to access North American Gem’s company profile.(TSXV:NAG)