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Property NewsJanuary 4, 2011 Mountain-West Resources announced that is has purchased a patented mining claim (the Elkhorn Queen Mining Claim) located in the Elkhorn district in Jefferson County, Montana, USA. The purchase price was US$50,000. September 30, 2001 The company leased back the claims which it previously held for sixteen years. Negotiations have commenced with the current claims owner for possible purchase. January 31, 1999 The State of Montana, Department of Environmental Quality issued the necessary mining permit to commence underground mining operations. Extraction of a 9,200 ton underground bulk sample grading 1.1 oz/t (37.7 g/t) Au containing 10,000 ounces of gold. Initial work was to consist of surface facility construction, portal construction and 1,200 ft of development decline and drifting. |
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