Orbite in Alaska - 1997 gold production begins.MONTREAL--(BUSINESS WIRE)--April 24, 1997--Exploration Orbite VSPA (Very Small Peripheral Array) An earlier surface mount chip housing from The Panda Project, Inc., Boca Raton, FL. VSPA offered a 60% reduction in size over the popular PQFP method while adding more contacts. See Compass connector. Inc. (ME: ORT.A) and Yellow Eagle Mining Inc. are pleased to announce their Cripple Creek Cripple Creek, village (1990 pop. 584), alt. 9,375 ft (2,858 m), seat of Teller co., central Colo.; inc. 1892. Primarily a summer resort, it was once a gold-mining boomtown. Venture at Ester, Alaska Ester is a census-designated place (CDP) in Fairbanks North Star Borough, Alaska, United States. It is part of the 'Fairbanks, Alaska Metropolitan Statistical Area'. At the time of the 2000 census, the population was 1,680. has begun 1997's production of gold. This start of production was sixty-nine (69) days earlier than the inaugural 1996 season. The Venture is the first placer gold mine in Alaska processing ore in the 1997 season. Several improvements and enhancements were made to the Process Plant which after one week's operational results shows an increase in daily capacity from 1996 of over twenty-percent (20 percent) to in excess of 4,300 bank cubic yards. The second Processing Plant which was recently acquired for the mine is currently undergoing some site-specific modifications in Anchorage Anchorage (ăng`kərĭj), city (1990 pop. 226,338), Anchorage census div., S central Alaska, a port at the head of Cook Inlet; inc. 1920. and will be moved to Ester and erected in May with a projected commissioning date of June 1, 1997. The addition of this plant will double process capacity thereby allowing the Venture in concert with the early start of production this spring to increase 1997 gold recovery by a magnitude of in excess of four-hundred percent (400 percent) from 1996's profitable operation. The Cripple Creek Venture is a partnership between Exploration Orbite VSPA Inc. and Yellow Eagle Mining Inc. which is producing gold and silver from their Cripple Creek no. 4 Mine. The mine is located directly adjacent to the Parks Highway Parks Highway can refer to the following:
The mine produced a profit in it's first year of operation despite compressing com·press tr.v. com·pressed, com·press·ing, com·press·es 1. To press together: compressed her lips. 2. To make more compact by or as if by pressing. 3. the Mine Development, Construction and Production phases into one operating season. Current proven reserves are 280,000 ounces of gold and 1996 recovery was ninety-six (96) percent of drill indicated results. The mine expects to produce 23,000-plus ounces of gold during the 1997 season. CONTACT: Exploration Orbite VSPA Inc. Pierre Gevry, 514/849-7336 514/849-9260 (fax) or Exploration Orbite VSPA Inc. Jean Gilles Allaire, m.b.a., 514/849-7336 514/849-9260 (fax) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion