At A Glance...
26 Strategically located claims in Southern California near significant existing workings
Over 300,000 ounces of proven gold reserves located in Stage 1 of the drilling program (Over $200,000,000 with gold at current price levels)
$1,000,000 in mining equipment already in place
New strategic drill program planned for 2008
Significant portions of unexplored acreage estimated to contain over 1,000,000 ounces
Mission Mining, Inc. has recently partnered with a team of experienced developers and geologists to develop and implement an aggressive drill and exploration program on the Mission Mine property. Current estimates of 300,000 ounces were determined and recently verified following guidelines in NI 43-101 prepared for the Mission Mine property.
Stage 1 plans call for drilling of 13 strategic locations to being full scale mining operations to extract the existing 300,000 ounces of gold deposits located in the Mission Mine. Existing workings reach the 600 foot level with plans to continue operations to over 1000 feet. Simultaneously, an exploration plan is being developed to survey the remaining property and develop a 10,000 foot drill program to establish over 1,000,000 ounces,
Stage 2 plans call for expansion of operations beyond the Mission Mine to develop the Duplex and Sunset mine properties along estimated vein faults containing rich ore down to the 1500 foot level.