Golden Eagle to operate Gold mill in Nevada

January 20, 2009

Commodity Online
NEW DELHI: If you want one more example for the mad gold rush across the globe, Golden Eagle International has inked a new pact to operate the Jerritt Canyon gold mill in Nevada.

The plan is aimed at increasing the company’s gold hunt. Queenstake Resources has agreed to Golden Eagle operating the 4,000-tonne per day mill and substantial progress has been made towards meeting conditions attached to the deal.

The contract was signed in October 2008 and substantial progress has now been made towards meeting its conditions, with 18 full-time Golden Eagle employees currently on-site at Jerritt Canyon and a number of part-time workers.

Terry Turner, Golden Eagle chief executive, stated: “We are pleased to have this opportunity to carry out our diversification strategy by establishing a greater presence in north-central Nevada’s gold mining district.”

Gold exploration, mining and milling business Golden Eagle International is headquartered in Salt Lake City, Utah and has offices in Elko, Nevada and Santa Cruz, Bolivia.

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