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Eastern Goldfields, Inc. completes successful transition from open cast to underground production and raises $1.72 million.

Publication: PR Newswire
Publication Date: 09-MAR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SAN DIEGO, CA, March 9 /PRNewswire-FirstCall/ -- Eastern Goldfields, Inc. ("EGI") is pleased to announce the following:

Underground Production

EGI has successfully completed the transition from its open pit operations to production from the underground section of the Lily Mine in the Mpumalanga Province of South Africa. Open pit operations were terminated in December, 2008.

Refurbishment of the recently acquired Barbrook processing plant continues and, once completed, the Company intends that it will substitute the existing Makonjwaan plant for the treatment of the Lily Mine's ore at a projected level...

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