123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL » Business >> View Article

Restored Road Offers Greater Access Around Mine Meaning Increased Grade Of Gold Per Ton By 25-50%

By Expert Author: Eco Exploration

Nov. 1, 2012 - Eco Exploration Ltd is pleased to announce that during the construction of an access road, several new veins that were yet to be known have been revealed. The geology report reports on 10 veins that have been sampled and now the infrastructure to access the veins with mining equipment is acquirable.

The bulk of the production work to date has been carried out from ore extracted along one vein, which consists of development of a tunnel that enters the landscape at 90 degrees. The next step is to construct galleries above the existing tunnel. Then it is expected that the joint venture partner shall dig a shaft about 40 meters underground with more galleries built vertically along the vein. Mining engineers acquainted with the area evaluate that the grade of gold per ton at these levels could increase 25-50% than what is presently being extracted.

Eco Exploration Ltd believes that if the gold grade per ton increases as a result of the exploration and development advances described above, income from the Company’s investment has the potential to very quickly amount to a much higher level than what was initially predicted.

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it.

Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

Total Views : 78Word Count Appx. : 318See All articles From Author

Business Articles

1. Communicate Anywhere And With Anyone Using A Best Satellite Phone
Author: Tim Austin

2. The Importance Of Safety Handrails
Author: Duraslide Pte Ltd

3. Air Conditioning Repair Los Angeles – Basic Points To Focus On
Author: coryfrank

4. A Regular Eye Exam Is The Key To A Healthy Eyes
Author: Cory Frank

5. Finding A Suitable Moving Company For Your Move
Author: Cory Frank

6. The Wl-250 Tower
Author: Leslie WaterWorks® offers the largest array of bottleless purification and filtration water coolers

7. Properties In Noida
Author: Sanjay Sirohi

8. Find Bgc Condo For Sale With Ease Through This Tips
Author: rokyfernandis12

9. Find Condo For Sale The Easier Way
Author: rokyfernandis12

10. Things To Bear In Mind While Searching For Condo For Sale Fort Bonifacio
Author: rokyfernandis12

11. Fort Bonifacio Condo For Sale At Budget Friendly Rate
Author: rokyfernandis12

12. The Benefits Of Using Iridium Satellite Phones During Emergencies
Author: Tom Austin

13. Find Right Condo For Sale Fort Bonifacio With Ease With This Guide
Author: rokyfernandis12

14. How To Make Life Easier With Edinburgh Taxi Tours
Author: Gordon Gill

15. Signage Melbourne, Australia Offers Affordable Services To Promote Your Brand Through Signage Advert
Author: jackricklomas

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: