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View Full Version : Andover ventures announces preliminary economic assessment for burgin extension depo



JohnWood
7th December 2011, 11:48 PM
Just received an email update from Silver-Investor..In the process of brainstorming for post-crash investment purposes..
ANDOVER VENTURES ANNOUNCES PRELIMINARY ECONOMIC
ASSESSMENT FOR BURGIN EXTENSION DEPOSIT, EAST TINTIC
MINING DISTRICT, UTAH, USA
http://www.silver-investor.com/pdf/AndoverAnnouncesDecember7-2011PEABURGINEXTENSIONFINAL.pdf
December 07, 2011, Vancouver, B.C. - Andover Ventures Inc. ("Andover" or the "Company") (AOX -TSX: V) (AOVTF-United States) (R2X-Frankfurt Exchange) is pleased to announce a completed 43-101 Preliminary Economic Assessment (PEA) of the Burgin Extension deposit owned by Chief Consolidated Mining Company, ("Chief") (in turn approximately 78.5% owned by Andover). This report is the first National Instrument 43-101 compliant economic estimate of the Burgin project.

The Burgin property located about 60 miles in a straight line southwest of Salt Lake City, Utah, USA, consists of 527 acres that are a portion of a total of approximately 16,000 acres of adjacent land owned or controlled by Chief in the Tintic and adjacent East Tintic Mining Districts, Utah, USA. These two districts were mined historically for polymetallic massive sulfide replacement and gold-silver fissure vein deposits.
Read rest of update here...
http://www.silver-investor.com/pdf/AndoverAnnouncesDecember7-2011PEABURGINEXTENSIONFINAL.pdf