ONTARIO ST ANDREW GOLDFIELDS has reached two significant milestones at its Clavos gold project 50 km east of Timmins. First, the Clavos decline has reached the 1,000-m mark, and second, the first development ore has been shipped to the Stock mill for treatment.
The Clavos decline ramp development reached a length of 1,000 metres on Aug. 21, 2004. This is at an approximate 160 metres below surface elevation. The decline is forecast to be at the 200-metre level, or 1,224 metres of decline development by late-September 2004, and the 250-metre level, or 1,600 metres of decline development by mid-November 2004.
Exploration drifting on the 100-metre level has confirmed the continuity and characteristics of the Clavos mineralization. Mineralized material mined from the 100-metre level has been shipped from the stockpile to the Stock gold mill, where a 20,000-tonne bulk metallurgical sample will be treated later this month.
For further information about St Andrew Goldfields please visit the website at www.StAndrewGoldfields.com or contact investor relations toll-free at 1-800-463-5139 or e-mail investor@StAndrewGoldfields.com.