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Huldra Silver Mining Operations on Care and Maintenance due to Market Factors

Investing News Network
Jun. 27, 2013 05:53AM PST
Silver Investing

Huldra Silver Inc. (TSXV:HDA) announced that they have put their mine and mill on care and maintenance.

Huldra Silver Inc. (TSXV:HDA) announced that they have put their mine and mill on care and maintenance.

As quoted in the press release:

Mining operations were put into care and maintenance on June 25, 2013 due to market factors. The Company was currently mining Stopes 2 and 5, but, without additional liquidity, is unable to adequately fund both mining at Treasure Mountain and transportation to its processing mill. Huldra will continue to pursue financing options in order to recommence operations at both the mine and mill.

To view the whole press release, click here. 

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