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Property NewsJune 30, 2008 Reported at Merrill Pit, 24,375 tons of ore were produced, yielding 144 ounces of gold and 198,814 pounds of copper. March 31, 2008 Reported 43,723 tons of ore were produced, yielding 275 ounces of gold and 318,526 pounds of copper. Production at Merrill was curtailed in early March because of a major equipment failure, but as of April 14 is back in full production. October 23, 2007 Announced that the Merrill Island open pit is in operation with copper concentrate being shipped some six weeks after obtaining the environmental permit authorizing the operation. With the positive results achieved to date, with plans to increase monthly production from Merrill Island by 50% over the initial proposed rate. |
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