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New Jersey Mining Company

Publié le 19 avril 2010

Starts Mill and Prepares to Mobilize to Silver Strand Mine

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Mots clés associés :   Cœur D'alene | Copper | Jersey |
Hello:
 
Please find our most recent press release below updating our progress.
 
Regards,
Grant Brackebusch
Vice President
New Jersey Mining Co.
Office: 208-783-1032
 

April 19, 2010

PRESS RELEASE

 

New Jersey Mining Company Starts Mill and Prepares to Mobilize to Silver Strand Mine

 

Kellogg, Idaho.  New Jersey Mining Company (NJMC: OTCBB) is pleased to announce that it has completed improvements to its concentrate leach plant and started to process ore through its mill near Kellogg.  Preparations are also underway to begin mobilizing a crew of miners to the Silver Strand mine.

 

Work completed at the mill in March and April has focused on improvements to the concentrate leach plant (CLP) such as modifications to the electro-winning cell to improve recovery, a new drive system to reduce leaks in the re-pulper, and the installation of stainless steel piping to increase safety.  Initially, a batch of custom ore is being processed at the mill and then material from an exploration raise at the New Jersey mine will be processed.

 

Mobilization to the Silver Strand mine will begin in late April and work on the mine will start the first week of May.  It is expected that about one month of work is required to prepare for mining operations with ore shipments to the New Jersey mill starting in June.  The grade of the block of ore to be mined at the Silver Strand is 361 grams per tonne (gpt) silver and 5.43 gpt gold.  Initially, the planned production rate is 400 tonnes per month which is expected to accelerate in the autumn. 

 

An exploration raise is being mined at the New Jersey mine on a newly found vein.  The new vein is steeply dipping and strikes more east-west than the main Coleman vein which strikes more north and south.  The vein width ranges from 0.2 meters to 0.6 meters, and chip samples ranged from 1.27 to 19.75 gpt gold averaging 6.98 gpt gold.  Future drilling and extension of the raise will be necessary to determine if an economic ore shoot can be found.  It is important to note that the east-west orientation of this new vein system has not been tested by past drilling efforts. 

 

New Jersey Mining Company is involved in exploring for and developing gold, silver and base metal resources in the Coeur d'Alene Mining District of northern Idaho.  New Jersey Mining Company has a portfolio of mineral properties in the Coeur d'Alene Mining District including the Toboggan project, the Niagara copper-silver deposit, the Golden Chest project, the New Jersey mine, and the Silver Strand mine.  The New Jersey mine includes a fully-permitted flotation mill and concentrate leach plant.

 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Such statements are based on good faith assumptions that New Jersey Mining Company believes are reasonable but which are subject to a wide range of uncertainties and business risks that could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Factors that could cause actual results to differ from those anticipated are discussed in New Jersey Mining Company's periodic filings with the Securities and Exchange Commission.

 

Further information about New Jersey Mining Company and its properties can be found at the company's website at www.newjerseymining.com .

 

Contact:           Grant Brackebusch, Vice President

Phone (208) 783-1032

E-mail:ir@newjerseymining.com

                                    Website: www.newjerseymining.com





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Données et statistiques pour les pays mentionnés : Jersey | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Jersey | Tous

New Jersey Mining Company

PRODUCTEUR
CODE : NJMC
CUSIP : 645827106
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New Jersey Mining est une société développant des projet miniers de cuivre et d'argent basée aux Etats-Unis D'Amerique.

New Jersey Mining est productrice de cuivre, d'argent, d'or en USA, en développement de projets d'argent et d'or en USA, et détient divers projets d'exploration en USA.

Son principal projet en production est NEW JERSEY MINE en USA, son principal projet en développement est SILVER STRAND en USA et ses principaux projets en exploration sont GOLDEN CHEST, GIANT LEDGE, TOBOGGAN JV, SILVER BUTTON, ENTREPRISE PROSPECT, WISCONSIN-TEDDY et NIAGARA COPPER SILVER en USA.

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Rapports annuels de New Jersey Mining Company
2006 Annual Report
Nominations de New Jersey Mining Company
30/08/2013Announces Changes to Its Management Team and Board of Direct...
Projets de New Jersey Mining Company
09/09/2013(Golden Chest)Announces Option to Lease Agreement for the Skookum Shoot of...
20/03/2011(Golden Chest)Announces High Grade Intercept of 33.0 g/t Gold Over 2.6 Met...
08/07/2010(Toboggan Jv)Begins Drilling at Toboggan Project
24/06/2010(Golden Chest)Drills 864 Gram Per Tonne Gold Intercept
24/05/2010(Silver Strand)Starts Shipping Ore from the Silver Strand Mine
19/04/2010(Silver Strand)Starts Mill and Prepares to Mobilize to Silver Strand Mine
09/07/2009(Toboggan Jv)Provides Drilling Update at Toboggan Project
21/08/2008(Golden Chest)Encounters High Grade Tungsten Vein
09/11/2007(Toboggan Jv) Receives Drill Report on Mineral Ridge Property
30/10/2007 Reports Drilling Results
28/06/2007Finds High-Grade in Coleman Vein
Communiqués de Presse de New Jersey Mining Company
01/02/2016New Jersey Mining Company Completes Purchase of 50-Percent I...
26/01/2016Timberline Resources Announces Asset Sale and Provides Corpo...
26/01/2016New Jersey Mining Company Signs Binding Letter of Intent to ...
04/11/2015New Jersey Mining Releases President’s Letter to Shareholder...
12/10/2015New Jersey Mining Signs Option to Purchase Agreement to Acqu...
21/09/2015New Jersey Mining Announces Termination of Lease and Suspens...
16/08/201510-Q for New Jersey Mining Co.
05/08/2015New Jersey Mining Reports Second Quarter Operational Results...
19/05/201510-Q for New Jersey Mining Co.
26/04/201510-K for New Jersey Mining Co.
02/03/2015New Jersey Mining Enters Strategic Partnership Agreement Wit...
19/02/2015New Jersey Mining Announces the First Shipments of Concentra...
20/01/2015New Jersey Mining Company Mills First Ore From the New Golde...
02/01/2015New Jersey Mining Company Announces Results From Underground...
17/01/2013(Golden Chest)Reports Updated Resource Estimate for the Golden Chest
27/09/2012Leases Claims to Hecla Silver Valley, Inc.
04/11/2009Announces Gold Intercepts for Toboggan Project
18/02/2009Reports Resources on its Niagara Copper-Silver Deposit
21/11/2008s Progress of Toboggan Project
15/07/2008Stakes New Gold Property
09/07/2008Forms Joint Venture with Silverstar Mining Corp.
23/06/2008Stakes Giant Ledge Prospect
15/05/2008Raises Funds and Plans Exploration
25/03/2008 Forms Joint Venture with Newmont
12/02/2008Re: New Jersey Mining's profile updated. Best Regards !
06/02/2008New Jersey Mining Company and Newmont Propose to Form Joint ...
03/01/2008Acquires Another Copper-Silver Property
05/12/2007Expands Claims in Murray Gold District
12/09/2007Finds Another Gold Prospect in Murray District
22/07/2007Assays Indicate Gold in Niagara Deposit
13/07/2007Locates Mineral Ridge Gold Property
09/02/2006start silver production
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