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Kapacke Mining Inc. Blasts into Full-scale Gold Mining Operations

June 28, 2012

Kapacke Mining Inc. is Pleased to Announce the Launch of its Full-scale Gold Mining Operations Consisting of 13 Claims Totaling More Than 985 Acres in the Osceola Mining District in White Pine County, Nevada, 29 Miles Southeast of Ely. Approvals and Certifications for Full-scale Gold Mining Operations Were Received by Bureau of Land Management (BLM), Nevada Division of Environmental Protection (NDEP), Nevada Department of Wildlife (NDOW), Mine Safety and Health Administration (MSHA), State Historic Preservation Office (SHPO) and the Nevada State Historical Preservation Society (NVSHPO), Granting Kapacke Mining Inc. the Green Light to Advance from Test Mining into Full-scale Operations.

Las Vegas, Nevada (PRWEB) June 28, 2012

Kapacke Mining Inc. blasts into full-scale gold mining operations in the Osceola Mining District, White Pine County, Nevada, on receipt of government certifications and approvals.

Kapacke Mining Inc. is pleased to announce the launch of its full-scale gold mining operations consisting of 13 claims totaling more than 985 acres in the Osceola Mining District in White Pine County, Nevada, 29 miles southeast of Ely. The Osceola Mining District was the largest producer of gold and the longest-lived placer camp in the State of Nevada. According to the U.S. Geological Survey, Nevada is the largest U.S. gold-producing state, which is why Kapacke Mining, Inc., a Wyoming corporation engaged in the exploration and development of precious metals mining properties, set their sights on Nevada.

Armed with ample water rights, Kapacke Mining Inc. is advancing from test mining into full-scale gold mining operations having received the necessary approvals by the Bureau of Land Management (BLM), Nevada Division of Environmental Protection (NDEP), Nevada Department of Wildlife (NDOW), Mining Safety and Awareness (MSAW) Certification, State Historic Preservation Office (SHPO) and the Nevada State Historical Preservation Society (NVSHPO).

In 2008, Kapacke Mining Inc. leased the mining rights to thirteen gold mining claims totaling 985 acres. These claims are located in the middle of the Mary Ann Canyon Alluvial Fan in the Osceola Mining District. Since then, Kapacke Mining has been reviving the mine with a substantial $1.5 million investment into the project with currently over $350,000 in mining equipment rapidly breaking new ground now that final approval to proceed with full-scale gold mining operations has been attained.

In January 2010, Kapacke Mining retained Skookum Geologic Consulting to complete a Geologic Report to evaluate the Solomon 1, 2, 3, 4, 6 & 7 claims along with the 5-A, 5-B, 5-C, 5-E, 5-F, & 5-G mining claims. Results compiled by Kapacke Mining Inc. through retention of Skookum Geologic Consulting is that the May 5 claims are sub-divisions of the former Solomon 5 claim that are placer alluvial deposits formed by mountain water run-off forming a large alluvial fan.

Kapacke Mining Inc. was enthusiastic to learn from the Skookum Geologic Report that to date just 17% of the mine has been developed. The depth of the deposits is up to 125 feet with the Skookum Geologic Report revealing to Kapacke Mining Inc. that the concentration of gold in the deposits increases with depth. The Geologic Report estimates the value of the reserves of the Kapacke Mining May 5 claims to be from $103 million to $311 million and estimates the value of the reserves of all claims to be valued from $700 million to $2.1 billion.

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebKapacke_Mining_Inc/Full_Scale_Gold_Mining/prweb9649706.htm


Source: prweb