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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by garpikeon Mar 31, 2010 2:15pm
386 Views
Post# 16945199

Today's NR

Today's NR
Good. Finalized acquisition of operational new mine in Ky.
 
"The permit transfer is an administrative process that can typically be accomplished in less than 4 weeks. Upon completion of the transfer, the mine will immediately resume production at a rate of 8-10,000 tons per month with the capability of doubling that production rate should favorable market conditions warrant. The North American Gem #2 Mine will be a surface mining and augering operation."
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