American Bonanza Receives Final Major Permit for the Copperstone Gold Mine

American Bonanza Gold Corp. (TSX:ABGFF) reports that it has received the final key permit required for gold mining and processing at its Copperstone gold mine, Arizona. 

The press release is quoted as saying:

A milling and flotation plant was purchased in 2010 and is currently being prepared for immediate startup of the construction phase at Copperstone. Mobilization of equipment for underground mining has also begun. Construction of the ore processing facilities and underground mining development will occur concurrently, with the production of gold on schedule for the third quarter of 2011. The project remains on budget.

American Bonanza’s President and CEO, Mr. Brian Kirwin says:

“This permit is a major milestone for Bonanza. With the approval of the aquifer protection permit, the Copperstone gold mine is now in receipt of all major permits. Bonanza and its contractors have commenced construction of the plant and underground pre-development, and the project is on schedule and on budget. With a strong treasury, Bonanza anticipates an exciting year for our shareholders as we bring the Copperstone gold mine into production.”

Click here to access the entire news release.

Click here to access American Bonanza’s company profile.