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Atlas Salt Inc V.RMK


Primary Symbol: REMRF

Red Moon Resources Inc is an emerging commodities company in Atlantic Canada, focused on Newfoundland and Labrador, with 100% working interest ownership of the Great Atlantic salt deposit in addition to a producing gypsum mine and an early-stage nepheline discovery.


OTCPK:REMRF - Post by User

Bullboard Posts
Comment by northernbasson Jul 07, 2009 9:37am
248 Views
Post# 16120959

RE: NEWS

RE: NEWSGreat news plus PG has good results out this morning too.  My question is when will the "development work" be completed....cause then 6 months later we go into production!

"Roxmark's current plan is to develop the eastern strikelength of the Northern Empire mine by a decline and mine the area tothe second level. Preliminary study indicates that production can beginwithin six months of completing development work. This program will befollowed up by dewatering the shaft and installing a headframe, hoistand ancillary equipment on surface and underground. The Company seesthe Leitch-Sand River mine as a potential contributor to subsequentexpansion of production at the Northern Empire Mill. "
Bullboard Posts