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GOLD MINING NEWS Double Gold for St Andrew

ST ANDREW GOLDFIELDS of Toronto has two gold mine developments on the go. The first is the former Stock mine at Tim...



ST ANDREW GOLDFIELDS of Toronto has two gold mine developments on the go. The first is the former Stock mine at Timmins, and the second is the former Nixon Fork mine in west-central Alaska. With any luck, both should be back in production by the end of next year.

The Stock hoist, headframe and underground mine are being rehabilitated, and drilling began in May 2004. Sometime in September a bulk sample should be ready for processing at the Stock mill, which will be recommissioned at that time. Simultaneously, a decline ramp is being driven on the Clavos property. Ore from that source is also expected to reach the Stock mill in September. Permitting is well underway to advance these projects to production, says St Andrew.

Environmental permitting for the Nixon Fork reopening is taking longer than expected, says the company, and reopening may be pushed back into the third quarter of 2005. St Andrew hopes to restart production from a tailings retreatment project at Nixon Fork in the fall of 2004.

More information about both these projects is posted at www.StAndrewGoldfields.com.


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