Irwin Energy to Re-Open the Historic Mayflower Mine.BUTTE Butte, city, United States Butte (by  t), city (1990 pop. 33,336), seat of Silver Bow co., SW Mont.; inc. 1879. It is a trade, ranching, and industrial center. , Mont. -- Irwin Energy (PINK SHEETS:IWNE) today announced that its wholly owned subsidiary Wholly Owned SubsidiaryA subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Mayflower Mayflower, ship Mayflower, ship that in 1620 brought the Pilgrims from England to New England. She set out from Southampton in company with the Speedwell, Explorations Inc., has retained Tetra Tech, Inc. of Bozeman, Montana to provide Project Management and Technical Consulting services to oversee the reopening, exploration and development of the Mayflower Mine located near Whitehall, Montana. Surface exploration of potential extensions of the mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. zones along the Mayflower fault zone will be undertaken beginning in late October and early November of this year using detailed IP and resistively surveys. Initial underground activities at the Mayflower Mine will include electrical and mechanical checks of the substation, hoist, head frame, shaft and compressor and pumping facilities prior to dewatering Dewatering (dē′wöd·ər·iŋ) is the removal of water from solid material or soil by wet classification, centrifugation, filtration, or similar solid-liquid separation processes. and as a preliminary to an underground exploration program along the 600 level to commence in early in 2007. About The Mayflower Mine The historic Mayflower Mine was discovered in the 1890's and operated as a high-grade gold and silver producer into the 1900's. The Anaconda Anaconda, city, United States Anaconda (ănəkŏn`də), city (1990 pop. 10,278), seat of Deer Lodge co., SW Mont.; inc. 1887. Company operated the Mayflower Mine from 1935 to 1942. Subsequently, it was mined under a lease agreement with Anaconda from 1958-1961. In the mid-1990s Brimstone brimstone: see sulfur. Mining, Inc. rehabilitated the Mayflower Mine to the 1500 level and explored for and developed additional high-grade underground reserves. Through 1961 the Mayflower Mine has produced over 225,000 ounces of gold and over 875,000 ounces of silver from about 143,700 tons of ore. The average grade of ore produced was about 1.556 ounces of gold per ton and 6.15 ounces of silver per ton. Additional information on the Mayflower Mine can be found at www.brimstonemine.com. About Irwin Energy Irwin Energy is a junior resource company based in Vancouver, B.C. Irwin Energy engages in the acquisition, exploration and development of resources properties with the intent to prove up oil and gas reserves and mineral deposits. Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable resource properties where prior exploration has been successful. Irwin Energy plans to grow exclusively through the efficient reinvestment of its internally generated cash flow and through limited external financing, which it plans to utilize to build ancillary businesses Additional information on Irwin Energy, Inc. and Mayflower Mining Corp. can be found at www.irwinenergy.com. Safe Harbour Statement Under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission. |
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