RE: I'm trying to understand RMI's - the answerSomething happen between CBG and RMI - RMI decided to keep quiet and made no PR about it, CBG has a Sedar filing dated Sep. 19, 06 reporting it had suspended further processing of RK ore.
IMO CBG has enough of their own ore to process
If someone has time they should call RMI and ask for a further explanation of details and why no PR - please post your reply
My schedule has me tied up until Dec. 1 - no time to call
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00004087
Consolidated Big Valley Resources Inc.
#600 – 625 Howe Street
Vancouver, B.C. V6C 2T6
Phone: 604-683-6648
Fax: 604-683-1350
Email: cbg@telus.netwww.bigvalleyres.com
September 19, 2006 TSXVE - “CBG.H”
NEWS RELEASE
UPDATE
Consolidated Big Valley Resources Inc. (the “Company”) announces that the Granada Mill has suspended
processing of the Russian Kid ore. The Granada Mill has resumed processing stockpiled ore from the
Granada pit # 2, which is located on Vein #2. The processing will continue until all stock piled ore is
exhausted. A plant shutdown will be scheduled to do a metallurgical balance and process upgrades before
winter begins.
The Company has retained C.A. Veilleux, Mining Consultant to review the open pit design of pit # 2A,
which is also on Vein #2. The processing of this ore will give the Company a better understanding of the
nugget effect and the overall potential of the Vein #2 structure. The open pit is fully permitted and mining
can be commenced at any time.
Mr. C.A Veilleux has also been contracted to design a ramp. The 3.5 X 5 meter ramp will be 700 meters
long and reach an initial depth of 110 meters. The ramp will begin from the bottom of pit #2.
Pending the results of the present milling program, a decision will be made for a drill program on #2 vein
structures. The vein is open at depth and strike.
The Company has also retained the services of Karol Mikulash, Mining Engineer, to act as mine manager
for the Granada Mine and Mill site, a former mine manager who has worked throughout northern Quebec
and Ontario for mid-tier gold mining companies. Mr. Mikulash will oversee the day-to-day activities of
the Granada Site.
The near term objective of the Company is to process 2,000 tonnes of ore per month during the
commissioning stage of the Granada Mill. Once the commissioning stage has been completed, it is
intended to take the plant to design capacity of 6,000 tonnes per month.
The Company's objective is to acquire and develop past producing mines and properties with a mineable
resource of 200,000 ounces of gold or less. A mineable resource is defined by the Company as ore that
can produce gold within three months time of mining and processing.
The contents of this new release have been reviewed and verified by Frank J Basa P. Eng. a qualified
person under NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
:signed
Frank J. Basa, P.Eng., Vice President/Director
For further information visit the Company’s website at www.bigvalleyres.com. The statements used in this
Press Release may contain forward-looking statements that may involve a number of risks and uncertainties.
Actual events or results could differ materially from the Company’s forward-looking statements and
expectations.
THIS PRESS RELEASE HAS BEEN PREPARED BY MANAGEMENT. THE TSX VENTURE
EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS NEWS RELEASE