Owner
Post by Franko10 ™ on Oct 2, 2004 14:23:17 GMT -5
Claimstaker Resources Ltd.: Blackdome Gold Mine Update
VANCOUVER, BRITISH COLUMBIA--Claimstaker Resources Ltd. (the
"Company") announces that it has completed efforts to place the
Blackdome Gold Mine on a care and maintenance status.
During the past few months, Claimstaker has eliminated all of the
outstanding debts related to the recent production efforts at the
Blackdome Gold Mine. These obligations were incurred prior to the
termination of production in the first part of last year. They
included eliminating leases on the mobile camp buildings and
various pieces of heavy equipment.
Also, the Company has complied with all of the current
requirements by the various environmental agencies. With guidance
from the engineering consultants at Knight Piesold, the Company
lowered and widened the spillway from the tailings dam.
Blackdome remains a highly attractive gold exploration and
development project with a fully equipped mill on site. The
Company is now in the process of developing future exploration and
development plans for Blackdome in anticipation of higher gold
prices.
On behalf of the Board of Directors,
N. Ferris, President and CEO
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Claimstaker Resources Ltd.
Nick Ferris
President and CEO
(604) 684-6677 or Toll Free: 1-888-236-5200
(604) 684-6678 (FAX)
Email: ir@claimstakerresources.com
Website: www.claimstakerresources.com
The Canadian Venture Exchange has neither approved nor disapproved
of the information contained herein.
VANCOUVER, BRITISH COLUMBIA--Claimstaker Resources Ltd. (the
"Company") announces that it has completed efforts to place the
Blackdome Gold Mine on a care and maintenance status.
During the past few months, Claimstaker has eliminated all of the
outstanding debts related to the recent production efforts at the
Blackdome Gold Mine. These obligations were incurred prior to the
termination of production in the first part of last year. They
included eliminating leases on the mobile camp buildings and
various pieces of heavy equipment.
Also, the Company has complied with all of the current
requirements by the various environmental agencies. With guidance
from the engineering consultants at Knight Piesold, the Company
lowered and widened the spillway from the tailings dam.
Blackdome remains a highly attractive gold exploration and
development project with a fully equipped mill on site. The
Company is now in the process of developing future exploration and
development plans for Blackdome in anticipation of higher gold
prices.
On behalf of the Board of Directors,
N. Ferris, President and CEO
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Claimstaker Resources Ltd.
Nick Ferris
President and CEO
(604) 684-6677 or Toll Free: 1-888-236-5200
(604) 684-6678 (FAX)
Email: ir@claimstakerresources.com
Website: www.claimstakerresources.com
The Canadian Venture Exchange has neither approved nor disapproved
of the information contained herein.
