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COLORADO MINING INDUSTRY, ENVIRONMENTALISTS ANNOUNCE JOINT PROJECT; STUDY WILL SEEK FACTS ON ABANDONED SUMMITVILLE MINE

 WASHINGTON, Feb. 9 /PRNewswire/ -- A group of environmental and industry representatives announced today that it is jointly funding a technical and environmental study of abandoned copper and gold mining operations at the Summitville mining area near Del Norte, Colo.
 The study, to be conducted by Knight Piesold & Co., a Denver- based consulting group of engineers and environmental scientists, will seek to answer concerns that have been raised over the possible leakage of acid, cyanide and other heavy metals from the 120-year-old mines. The site was abandoned last December when its owner, Summitville Consolidated Mining Co., Inc., filed for bankruptcy after experiencing a number of environmental problems at the site.
 The company was a subsidiary of Galactic Resources Inc., a Canadian company, which also filed for bankruptcy.
 The joint sponsors of the environmental study said today that research has already begun and the results should be known by early April. The sponsoring group was formed following discussions among mining industry executives, environmentalists and federal land managers, hosted by E.I. du Pont de Nemours & Co. None of the companies funding the study has been involved in mining operations at the site.
 "Our goal is to conduct an objective baseline study of the situation at the Summitville mine site and to present the facts," said Grant Annable, president and chief executive officer of Gold Fields Mining Company, one of the sponsors. He said Summitville has been a mine for over 120 years, and impacts form historical activity, natural sources and recently regulated activities will be carefully investigated.
 "We do not believe it is appropriate to comment on what or who may have caused the situation until our group has reviewed the results of the study," Annable added.
 Phil Hocker, president of the Mineral Policy Center, a watchdog group, said he believes this cooperative attempt to present a unified approach to a complex and sensitive problem is "a positive example of environmental and industry interests working together.
 "We welcome the opportunity to work cooperatively toward a common goal -- to ascertain the facts surrounding Summitville and prevent any future similar occurrences."
 The joint industry-environmental study is being conducted independently and is unrelated to recent work at the site by an Environmental Protection Agency early response team, or the efforts of any other agency or group.
 -0- 2/9/93
 /CONTACT: Phil Hocker of the Mineral Policy Center, 202-737-1872, or Grant Annable of Gold Fields Mining Company, 303-231-9700/


CO: Summitville Consolidated Mining Co., Inc.; Gold Fields Mining
 Company; Mineral Policy Center ST: Colorado IN: MNG SU:


TW -- DC022 -- 4822 02/09/93 16:23 EST
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Publication:PR Newswire
Date:Feb 9, 1993
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