Quantcast
  • E-mail
  • Print
  • Comment
  • Font Size
  • Digg
  • del.icio.us
  • Discuss article

Dutch Gold Resources Opens New Assay Lab to Enhance Production at the Company's Benton Mine

Posted on: Tuesday, 11 September 2007, 09:00 CDT

Dutch Gold Resources, Inc. (OTCBB: DGRI), a developer and operator of proven gold mines and a regional mill in North America, today announced that it has opened a new assay lab to enhance production at the Company's Benton mine.

Dan Hollis, Chief Executive Officer of Dutch Gold Resources, stated, "The new lab will improve turnaround time on the Company's assays, which in turn, will allow us to focus our drilling on higher grade ore. In the past, we sent our assays to third-party labs, which often required 2 weeks or more to determine the grade of the ore. With the new lab in place we should be able to analyze the ore grades within 24 hours. Now, we will be able to identify the richer ores more rapidly and direct our drilling program accordingly. Nevertheless, we will continue using nationally recognized independent assay labs to verify our results."

About Dutch Gold Resources, Inc.

In January 2007, Dutch Gold Resources, Inc. acquired Dutch Mining LLC, which was founded in 1994. Dutch Gold is engaged in the mining and processing of proven gold reserves in North America. The company's strategy is to focus on overlooked resources which can be quickly and cost-efficiently brought into production. The Company currently owns two mines in southwestern Oregon, consisting of the Benton and Gold Bug Mines. Production resumed in March 2007 and the Company has begun a drilling program to prove up additional reserves and enhance future production. Please visit the Company's website for additional information at: www.dutchgoldresources.com.

Certain statements in this release, and other written or oral statements made by the company, including the use of the words "expect,""anticipate,""estimate,""project,""forecast,""outlook,""target,""objective,""plan,""goal,""pursue,""on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The company assumes no obligation and does not intend to update these forward-looking statements.

 Contact: David K. Waldman / Klea K. Theoharis Crescendo Communications, LLC (212) 671-1020  

SOURCE: Dutch Gold Resources, Inc.


Source: MARKET WIRE

More News in this Category


Related Articles



Rating: 3.1 / 5 (16 votes)
Rate this article:
1/52/53/54/55/5

User Comments (0)

Comment on this article

Your Name
Text from the image
Comment
max 1200 chars
* All fields are required