Queenston Mining: Closure Plan Approved for Advanced Underground Exploration at Upper Beaver

Gold Investing

Queenston Mining (TSX:QMI) announced the approval of it’s Closure Plan from the Ontario Ministry of Northern Development and Mines for the Advanced Exploration Project at Upper Beaver located at the Kirkland Lake gold camp.

Queenston Mining (TSX:QMI) announced the approval of it’s Closure Plan from the Ontario Ministry of Northern Development and Mines for the Advanced Exploration Project at Upper Beaver located at the Kirkland Lake gold camp.

Charles Page, President and CEO of Queenston commented:

The approval of the Closure Plan is a significant milestone for the Company and paves the way for the underground development of the Upper Beaver gold-copper deposit. This Closure Plan is a key element in advancing the project to shaft sinking, underground development and feasibility. Queenston has commenced the construction of the road and power line corridor and site clearing and expects to start the shaft collar in the fourth quarter of this year. Detailed engineering is well advanced, with delivery of the two sinking hoists anticipated in the third quarter of 2013. We express our appreciation for the support our project has received from local Communities in the Kirkland Lake area and the input and participation of many people at public meetings and other forums.

Click here to view the full press release. 

 

 

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