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Arizona Gold and Onyx Advances Its Mayer Polymetallic Project

Investing News Network
Dec. 14, 2010 09:59AM PST
Precious Metals Investing

Arizona Gold and Mining Company announced its’ progress at both the Yuma and the Mayer Polymetallic Project, which contains significant occurrences of gold, copper and PGMs (Platinum, Palladium and Rhodium).

Arizona Gold and Mining Company announced its’ progress at both the Yuma and the Mayer Polymetallic Project, which contains significant occurrences of gold, copper and PGMs (Platinum, Palladium and Rhodium).

The press release is quoted as saying:

 AGOM is pleased to report on its progress on the Mayer polymetallic project located in Yavapai County, Arizona: To advance the Mayer property towards production the Company has engaged NI 43-101 qualified geological consultants and is also working with PMT Mining & Milling, a private mining company that is a specialist in Custom Mine Management & Operational Outsourcing. This work will include the previously announced comprehensive 2-stage work program that will initially focus on the requisite permitting and infrastructure required to complete a program of sampling, assaying, metallurgy and a feasibility plan to initiate production. As well, the Company intends to conduct an aerial geophysical survey over the Mayer property to guide a planned program of core drilling. Predicated on the drill results, AGOM expects to then finalize its mining plan and install the required mining equipment so that production can commence as quickly as practical.

To access the full release, click here.

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