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Sutter Gold Announces Latest Updates from its Lincoln Project

Investing News Network
Apr. 04, 2012 09:07AM PST
Gold Investing

Sutter Gold Mining Inc.(TSXV:SGM) reported its latest construction updates from the Lincoln project. The Company also announced the appointment of a new chief mine geologist and that it will submit all applications to the MSHA this month.

Sutter Gold Mining Inc.(TSXV:SGM) reported its latest construction updates from the Lincoln project. The Company also announced the appointment of a new chief mine geologist and that it will submit all applications to the MSHA this month.

As quoted in the press release:

Sutter staff will submit all applications and documentation to the Mine Safety and Health Administration (“MSHA”) in April 2012 in order to establish the necessary MSHA compliant precursors prior to commencement of mining operations. The company has purchased 12 – Biomarine BioPak 240R SCBA (self contained breathing apparatus) units and significant additional gear for the creation of a mine rescue station and two rescue teams in lieu of acquiring outside rescue coverage.

Sutter Gold, President & CEO, commented:

We are excavating the foundation for our new mill building and will begin pouring the foundations soon, we are acquiring and refurbishing equipment to be placed in the mill, we are taking the necessary steps to become compliant with Mine Safety and Health Administration (MSHA) requirements for our underground mine, and we continue to make key hires. Our remaining outstanding permits required for operation are advancing as well. We expect to be developing underground workings by June, and to bring the mill into operation in the fourth quarter of 2012. With initial gold production in the fourth quarter, we plan on ramping up to full production in early 2013.

Click here to read the Sutter Gold Mining Inc. (TSXV:SGM) press release

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