Once complete, the Tennessee Mine processing facility will recover gold, silver, zinc and other metals.
It is estimated that the daily processing capabilities will commence at 10-20 tons per day and increase to 150 tons per day during late 2011 and 350 tons daily in 2012 as the newly acquired equipment becomes operational.
The company’s initial independent testing has indicated that the Tennessee Mine tailings and dumps could produce an average of one oz. to three oz. of gold and about 30 oz. or more of silver per ton.