EZ Hits New Major GOLD VeinEZ is closer than ever to being cash flow positive, and they are double shifting at the Kamloops Gold Mine and will have material processed by Kinross within 60 days!
Encore reports that one of the new veins previously announced December 10, 2009 was encountered while in the underground development of the decline and widened appreciably. The vein has sulphides similar to those mined in the open pit area last fall.
In light of the discovery of this new vein encountered while mining underground, the company has added an additional daily shift at the mine site to develop this zone as well as continue the decline towards the known main veins. Drilling to test the continuity of the veins at depth and to identified additional veins that host mineralization is planned in the near future. This will assist in delineating the resource, and ultimately supporting a resource calculation as additional shipments to Kinross continue.