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Stock mine focus of drift development, drilling (03/04)

St. Andrew Goldfields Ltd. is forging ahead with an underground drift development and drilling program at its Stock Mine properties near Timmins.

St. Andrew Goldfields Ltd. is forging ahead with an underground drift development and drilling program at its Stock Mine properties near Timmins.

 

The program began in mid-January with de-watering and rehabilitation, which is expected to take four months.

 

The company reports the drilling program will further evaluate their surface drill intersections, with a view to expanding the mine’s existing resource base.

 

The entire de-watering, rehabilitation, underground drilling and development program is estimated to cost $3 million and is scheduled for completion in

September.