jenny....jenny NEAR BONANZA GRADEEncore Renaissance Resources Corp. (TSX-V: EZ,
OTC OTC
See: Over-the-counter.
OTC
See over-the-counter market (OTC). : ERRCF) says it will commence underground mining at its Bonaparte Gold Mine after receiving the go ahead by Canadian mine regulators. The gold mine, which is to ship ore to Kinross' Gold's
KettleRiver Mill in Washington, is one of the few junior gold mining companies to make the move from exploration to production.
Encore Renaissance's President Michael Mulberry, was quoted in an early morning release as saying, "This is a substantial milestone. There are few junior companies that become actual producers, and we are proud to say that we will be joining that group in the coming weeks."
EZ's Bonaparte Gold Mine shipped 500 tons of ore to Kinross Gold Corp.'s (
TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension : K,
NYSE NYSE
See: New York Stock Exchange : KGC)
KettleRiver Mill in September. Kinross acquired
KettleRiver through the acquisition of Echo Bay Mines Ltd in June, 2002. The acquisition moved Kinross to the level of Senior Gold Producer. Kinross has since continued expanding through acquisition, having recently announced a bid on Teryl Resources (TSX-V: TRC,
OTCBBOTCBB
See OTC Bulletin Board (OTCBB). : TRYLF) 20% stake of its joint venture Gil property which adjoins Kinross' Fort Knox Mine in Alaska. Encore Renaissance said indications from its sample tonnage sent to Kinross' mill came back at 1.4 ounces per ton on a 97.5% rate of recovery, which amounts to a near-bonanza grade of gold. ........ONE OTHER THING ..... Villlage Idiot.... Great minds talk about ideas .Average minds talk about events. Small minds talk about people. Of what mind are you? ................I am not an expert, but I did stay at a Holiday Inn, last night!!!!!!!!!!!!!