Golden Phoenix begins drilling
Golden Phoenix Minerals Inc.
of Reno said last week it will begin the first drilling program at its Mineral Ridge gold mine in Esmeralda County on Jan.
More than 50 holes will be drilled at three locations in the initial test.
A San Diego-based drilling company has been contracted to drill reverse circulation holes to bring up samples from various depths.
The Mineral Ridge gold mine currently has a proven/probable ore reserve of 2.66 million tons averaging 0.079 ounces gold per ton for a total of 209,000 ounces.
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