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Article Excerpt
M2 PRESSWIRE-30 May 2008-Stockwire.com: CHAT LIVE in the only dedicated CHAT ROOM for Santa Fe Gold Corp. (OTCBB:SFEG) shareholders!(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30052008
AUSTIN, TX -- STOCKWIRE.com, one of the largest investment websites on the internet, is proud to announce the official launch of the Santa Fe Gold Corp. chat room!
Visit the only LIVE CHAT ROOM on the internet dedicated to Santa Fe Gold Corp. (OTCBB:SFEG) shareholders, by visiting: http://www.stockwire.com/chat
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Santa Fe Gold Corp. (OTCBB:SFEG): Thursday May 29, 9:30 am ET
ALBUQUERQUE, N.M.-Santa Fe Gold Corp., a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, recently reported progress on construction of its Summit Silver-Gold Mine, New Mexico. In February 2008, the company announced it was proceeding with mine and mill construction, following the completion in December 2007 of $13.5 million of required financing.
Dr. W. Pierce Carson, CEO, said, 'We are pleased to announce significant progress in the development of the Summit project. Although we are still at an early stage of construction, we believe we are on track to achieve our targeted twelve-month construction schedule. Our priority is to begin production as soon as possible.'
Construction is well underway at the Lordsburg mill site. The work is being carried out by an engineering firm and other contractors under the supervision of the company's project manager and independent engineer. The site has been cleared and contoured for drainage. The concrete foundation for the ball mill has been poured. Work is underway on foundations for the necessary steel buildings, packages for which have been ordered with delivery expected shortly....
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