Saturday, June 6, 2009

Golden Eagle Reports Temporary Suspension of Roasters at Jerritt Canyon Gold Mill

Golden Eagle International, Inc. (OTCBB: MYNG) today reported that through processing ore roasters at Jerritt Canyon gold mill temporarily suspended because of a delay in the installation of necessary equipment control mercury emissions. Nevada Division of Environmental Protection (NDEP) issued the order on 25 March 2009 that allows U.S. Queenstake Resources, Inc. (Queenstake), who owned subsidiary of Yukon-Nevada Gold Corp. (YNG), to restart the operation of processing ore through roasters in Jerritt Canyon mill on the condition that a new state-of-the-art mercury emissions control systems will be installed by 30 May 2009. According Queenstake, certain delays in making fiberglass ductwork cause a delay in the installation of emission control systems and materials must be submitted in place in the near future.



The State of Nevada released a public statement on June 1, 2009 that "Queenstake has been entirely successful with the other requirements per operating NDEP Order 2009-4" (the order authorizing operation at Jerritt Canyon mill in March 2009).

Golden Eagle's Crews have been on-site in Jerrit Canyon mill since mid-September 2008 to provide maintenance and environmental compliance operations pending the restart of the mill on 25 March 2009. The Company currently has 82 employees in the Jerritt Canyon mill, including Chief Operating Officer, Blane W. Wilson.

Golden Eagle International, Inc. is a gold and copper exploration, milling and mining company headquartered in Salt Lake City, Utah, with offices in Elko, Nevada and Santa Cruz, Bolivia. Company in the last effort of the Agreement with the U.S. Queenstake Resources, Inc. (a subsidiary of Yukon-Nevada Gold Corp.) for the operation of the Jerritt Canyon 4000 tpd CIL gold mill. In addition, Golden Eagle worked to maximize the potential of the Gold Bar 4,000 tpd CIP gold mill located in Eureka, Nevada through a joint venture, toll improve rules or potential merger. The company is also maintaining and C Zone gold mine in eastern and mill Bolivia's Precambrian Shield, as well as buen Futuro A Zone gold and copper project, while in a dormant status.

The Company recommends that you review and disclosures, risk statements, previous press releases, annual reports, quarterly reports and current reports found on the website: www.geii.com.

No comments:

Post a Comment