BELIZE GOLD PRODUCTION UPDATE
Erin produces 160 raw ounces Au in October at Ceibo
2007-11-07 06:51 ET - News Release
Mr. Blake Fallis reports
ERIN VENTURES INC.: BELIZE GOLD PRODUCTION UPDATE
Erin Ventures Inc. has returned results, as seen in the attached table, from the production of placer gold on its Ceibo Chico property in Belize, using a New Zealand-type gold recovery dredge.
CEIBO CHICO GOLD PRODUCTION
Raw gold grade Yds3 Raw gold Recovered(i)
Date grams/yd3 processed ounce (gram)
October, 2007 0.71 6,680 160.6 (4,994.5)
September, 2007(1) 0.77 4,280 106.0 (3,296.5)
August, 2007(1) 0.75 5,720 136.8 (4,254.4)
July, 2007(2) 0.65 6.500 137.3 (4,271.2)
June, 2007(2) 0.63 5,000 102.5 (3,188.2)
----- ------ ----- -------
Total 29,990 643.2 (20,004.8)
Production results will vary from month to month, depending on variables
such as weather conditions, crew and equipment performance, and varying
Au values in the gravels processed.
(i) an Au (pure gold) equivalent can be approximated by multiplying the
quantity of raw gold by 0.70 (to account for a refining melt loss
and the fineness of the raw gold)
(1) as reported in Erin's news release dated Oct. 2, 2007
(2) as reported in Erin's news release dated Aug. 8, 2007