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MORNING NOTES Michael A. Berry, Ph.D.
Friday September 3, 2010 Today's Notes
Fire River Gold Moves To Reignite Gold Production at Nixon Fork "You find a mine where there's been a mine." Ralph Rooney 1990
On a recent trip to Alaska to see Fire River Gold's (FAU: TSXV) Nixon Fork property I asked our bush pilot, a former American Airlines pilot, why he came to Alaska from Texas. His response, "Because you can't chase bears in a Boeing 757."
Having spent time in the Yukon writing about the prolific Tintina Gold Belt, I decided it would make sense to see the "other" side of the Tintina Belt in Alaska. I now understand the pilot's sentiments. | | |
August 30, 2010
"Fire River tackles complex geology in Alaska"
(ANCHORAGE, ALASKA) - Since it was first discovered by Alaskan placer miners back in 1917, a number of mining companies have found it difficult to get their heads around the complex geology that is a major feature of the high grade Nixon Fork gold mine. After investing US$54 million in the remote site, which is located about 550 kilometres northwest of Anchorage, St. Andrew Goldfields Ltd. (TSX: T.SAS, Stock Forum) suspended production in October 2007 when the mill head grade dropped to 17.1 grams per tonne from 42 grams.
Peter Kennedy is a Stockhouse reporter and web content editor | |
August 26, 2010
Fire River Gold Gets Ready To Break Through The Alaskan Silence With The Sounds Of A Fully Functioning Mining Operation
By Alastair Ford
If the silence up at the Nixon Fork gold mine in Southern Alaska seems slightly eerie, then at least there's nothing sinister about it. It's not the calm before the storm, even if the Alaskan winters do come early, and the clouds are already rolling in grey and low as August draws to a close. It's not even a lurking sense of menace at the hidden, but well-attested presence of bears in the woods nearby. No, the silence, and its associated eeriness derive from two distinctly separate, but benign factors. One: despite Nixon Fork's setting at the centre of hundreds of square kilometres of mountainous and wooded Alaskan wilderness, there are no birds in the trees. | |
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For further information on Fire River Gold Corp., please visit www.firerivergold.com or call Toll Free 1.800.667.1870 | |
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About Fire River Gold Corp.
Fire River Gold Corp. is a near-term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production within the next 12 months. The Nixon Fork Gold Mine is a fully permitted and bonded mine with past production values averaging 1.4 opt (42 gpt). Facilities at the Nixon Fork Gold Mine include a 200 tpd flotation plant with a gravity gold separation circuit and a sulphide flotation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5 km long landing strip.
In July 2010 FAU announced a Diamond drill program of up to 28,000 metres initially focusing on surface targets, particularly of known mineralized zones which have the potential to provide additional resources to the mill. The underground drill program is designed to expand resources, particularly in the area of the 3300 zone, as well as test three to four prospective zones. Nixon Fork is located within Alaska's Tintina Gold Belt, which hosts numerous world class deposits. Fire River Gold Corp. is a member of the International Metals Group.
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Fire River Gold
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DEVELOPMENT STAGE |
CODE : FAU.V |
ISIN : CA31811Q1063 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Fire River is a gold exploration company based in Canada. Fire River develops gold and silver in USA. Its main asset in development is GOLDEN ZONE PROPERTY in USA and its main exploration properties are NIXON FORK, GOLDEN ZONE, KANSAS CREEK and DRAKEN in USA. Fire River is listed in Canada. Its market capitalisation is CA$ 3.2 millions as of today (US$ 2.8 millions, € 2.2 millions). Its stock quote reached its highest recent level on November 27, 2009 at CA$ 0.75, and its lowest recent point on October 09, 2014 at CA$ 0.01. Fire River has 316 160 000 shares outstanding. |