Brush Creek Pursues Mineable Pillar.GRASS VALLEY, Calif.--(BUSINESS WIRE)--Nov. 17, 1997--Brush Creek Mining and Development Co. Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BCMD BCMD Blood Cells, Molecules, and Diseases (journal) BCMD Biological and Chemical Munitions Disposal ) today announced that it would be extracting ore from pillar No. 4 in its Lower Brush Creek Brush Creek may refer to: In California:
Stan Griffith, mine superintendent, stated, "We originally ran a single compartment raise as part of our effort to get to pillar No. 4 as quickly as possible. We verified the existence of the pillar and are now driving a three compartment raise which consists of a manway, timber slide and ore chute in order to mine the pillar." James S. Chapin, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and chairman of the board, stated, "An assay taken from the hanging wall of the vein as we approached the pillar graded .7 ounces per ton. We believe that this may be an encouraging sign since traditionally in the Alleghany/Downieville mining district gold is concentrated in the footwall foot·wall n. Geology 1. The mass of rock underlying a mineral deposit in a mine. 2. The underlying block of a fault having an inclined fault plane. . Once we are fully prepared to mine the pillar, we will drift over to the footwall which may be even higher grade." Brush Creek is continuing its effort to conclude a joint-venture agreement on its gold properties. Brush Creek controls nine gold mines in the Alleghany/Downieville area of Northern California and over 4,000 acres of potentially diamondiferous ground near La Porte, Calif. CONTACT: Brush Creek Mining and Development Co. Inc. Lionel Gosselin, 888/272-7335 Jim Chapin, 916/477-5961 |
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