Production resuming!
Erin Ventures resumes gold production at Ceibo Chico
2008-03-12 04:42 ET - News Release
Mr. Blake Fallis reports
ERIN RESUMES GOLD PRODUCTION IN BELIZE
Erin Ventures Inc. has resumed gold production on its Ceibo Chico property in Belize. The production goal for this season is to process approximately 60 cubic yards of gold-bearing material per hour, 18 hours per day, six days a week, for as long as the property continues to yield a sufficient quantity of economically viable material (as previously reported in Stockwatch on Oct. 2, 2007).
Erin used the recently concluded rainy season to complete planned upgrades to the dredge, so as to increase its capacity and operating efficiency. As well, this anticipated wet season was used to purchase additional required mining equipment, complete upgrades to the camp infrastructure and to prepare for the upcoming season.
Additionally, bulk sampling on the Ceibo Chico property will recommence immediately. This phase is being conducted in order to determine the viability of commissioning a second production dredge. It is anticipated that this phase of the program will be completed within the next 90 days.