Blackmountain Resources (BMZ) to commence mine mobilisation in April 2012 for first production in June.

Posted by on Mar 23, 2012 in News from 708 | 0 comments

Silver company BMZ announced today it has engaged mine contractor, Groundhog LLC to begin mobilisation early next month. The company will begin rehabilitating the existing Lazcay tunnel before driving a new decline some 335m below the historic workings. From this decline, toher sublevels can be driven to confirm and mine additional ore shoots.

The rehabilitation and development is anticipated to take around 2 months with first ore to be mined by June. In addition to this, BMZ will commence a 10 hole/2,500 metre drill program to target an additional Induced Polarisation (IP) anomoly defined in a geophysical survey conducted by BMZ in 2011.

BMZ is an ASX listed pure silver player with 3 projects in Western USA. Please see the company website for more details: www.blackmountainresources.com.au

 

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