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Property NewsApril 12, 2011 Win-Eldrich Mines Limited announced that molybdenum production increased in the first quarter of 2011 at its Ashdown mine in Denio, Nevada, USA. March 24, 2011 Win-Eldrich Mines Limited and American Mining Corporation, entered into a Letter of Intent in which the two companies agreed to create a new Limited Liability Company for the purposes of expanding the existing 100 ton per day Ashdown mill, located in Nevada, USA, to a 200 ton per day mill. July 29, 2010 Win-Eldrich Mines announced that it has spent the past five months developing access to the lower ore blocks defined in the 2008 NI 43- 101 technical report via a 1500 foot extension of the primary decline. Based on this report, the lower ore blocks contain 47,602 tons of proven reserves with an average molybdenum grade of 2.91% (2,773,908 lbs). |
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