Owner
Post by Franko10 ™ on Oct 2, 2004 14:03:35 GMT -5
Claimstaker Resources Update
VANCOUVER, BRITISH COLUMBIA--The management of Claimstaker
Resources Ltd. (VSE symbol: CLN) announces that due to the low
gold price it has decided to temporarily cease its milling
operation at the Blackdome Gold Mine. The mill shutdown will give
us the opportunity to effect significant improvements to the mill,
including the installation of a newly reconditioned crusher that
will improve the ore through-put and, possibly, the gold recovery.
At the present time, development will continue in two areas and
exploration drilling underground is expected to commence shortly.
Due to the unusually heavy snowpack on the property, the surface
exploration program has not yet begun, but is expected to be
initiated in early June.
On behalf of the Board of Directors,
Richard Somerville, President and CEO
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Claimstaker Resources Ltd.
Mr. Robert Veitch
Investor Relations
1-888-236-5200
Website: www.claimstakerresources.com
The Vancouver Stock Exchange has neither approved nor disapproved
of the information contained herein.
VANCOUVER, BRITISH COLUMBIA--The management of Claimstaker
Resources Ltd. (VSE symbol: CLN) announces that due to the low
gold price it has decided to temporarily cease its milling
operation at the Blackdome Gold Mine. The mill shutdown will give
us the opportunity to effect significant improvements to the mill,
including the installation of a newly reconditioned crusher that
will improve the ore through-put and, possibly, the gold recovery.
At the present time, development will continue in two areas and
exploration drilling underground is expected to commence shortly.
Due to the unusually heavy snowpack on the property, the surface
exploration program has not yet begun, but is expected to be
initiated in early June.
On behalf of the Board of Directors,
Richard Somerville, President and CEO
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Claimstaker Resources Ltd.
Mr. Robert Veitch
Investor Relations
1-888-236-5200
Website: www.claimstakerresources.com
The Vancouver Stock Exchange has neither approved nor disapproved
of the information contained herein.
