Printer Friendly
The Free Library
4,468,366 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Atlas Mining to Provide Miners to Sterling Mining Company.


OSBURN, Idaho -- Atlas Mining Company (OTCBB:ALMI ALMI - Application Level Multicast Infrastructure
ALMI - Automated Listing and Mapping Instrument (US Census Bureau)
), a natural resource and mining company, announced that they have begun further rehabilitation work for the Sterling Mining Company in the Silver Dollar Tunnel at the Sunshine Mine. Atlas Mining, through its contracting entity Atlas Fausett Contracting, will complete the rehab work, which will include placing new timber supports, and cleaning mining debris from the tunnel for easier and safer access.

Atlas Mining CEO and President William Jacobson said, "We will complete the eastern portion of the primary and secondary escape system, which will allow new underground exploration activities and renovation of the Silver Summit hoist. Our miners are experienced in this type of renovation and rehabilitation, and will provide Sterling with real, relevant expertise in mine safety and related work efforts."

Atlas Fausett Contracting had previously supplied Sterling with contract miners to assist in the restoration of the Silver Summit Tunnel, which had been severely DAMAGED. Those work efforts began in December of last year and were completed in February of this year.

"We're pleased that Sterling has re-engaged our miners," continued Jacobson. These tunnels are the primary and secondary escape routes from the Sunshine Mine, and in this business safety comes first. It's great for us to be in a position to provide this level of expertise to Sterling."

About Atlas Mining Company: Atlas Mining Company is a diversified natural resource company with its primary focus on the development of the Dragon Mine in Juab County, Utah, leased from Chester Mining and the only known commercial source of halloysite clay outside of New Zealand. The unique purity and quality of the Dragon mine halloysite is unmatched anywhere in the world and has spawned considerable research into new and exciting applications for this product. Atlas also holds mining and timber interests in Northern Idaho, and operates an underground mining contracting business. Atlas stock trades on the OTC Bulletin Board under the symbol "ALMI". More information about Atlas Mining Company can be found at www.atlasmining.com.

Safe Harbor Statement: Except for the historical statements made herein, the statements made in this release are forward-looking statements. Risk factors that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. Atlas Mining undertakes no duty to update these forward-looking statements.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:May 5, 2005
Words:427
Previous Article:Lavastorm Technologies Announces a Global Alliance with Convergys Corporation.
Next Article:Hooked on Telenovelas: ICR Survey Shows Plot is the Key to Viewership.
Topics:



Related Articles
1872 mining law: meet 1993 reform; the last great land giveaway. (legislative efforts to stop uncontrolled mining of federal lands)
Mine, all mine; the great mineral grab.
Owner operators. (poor working conditions of miners in Potosi, Bolivia, who work for themselves)
Falconbridge fast-tracks project: Company gears up to begin production at 7,100-foot level as mine deepens. (Timmins and Cochrane).(Brief Article)
A Mile Deep and Black as Pitch.(Brief Article)(Book Review)
'With a little help from our friends': the role of new solidarities and alliances in the remaking of Warsop Vale.
Mining trouble.
Mining safety laws reevaluated.
Unmanned air drone set to take off.(NEWS)
Shafted: how the Bush administration reversed decades of progress on mine safety.

Terms of use | Copyright © 2008 Farlex, Inc. | Feedback | For webmasters | Submit articles