The company’s Spor Mountain project consists of 9 lode mining claims and 3 metalliferous mineral lease sections located in Juab County in west central Utah, approximately 50 miles northwest of the small town of Delta and near the Dugway Military Proving Grounds. The project covers a total of 2,098 acres, and preliminary geological analysis and two prospect pit excavations suggest total inferred reserves at the site may ultimately involve more than 4,000,000 ounces of silver and commercial concentrations of beryllium, along with other precious and base metals. Planned project activities at Spor Mountain in 2013 will focus on prospecting, exploration, and development. Assuming economic feasibility, the company anticipates startup of production/mining operations in 2014.
Ogden Bay Minerals is a developing mineral excavation project on federal protected wetlands, canals, and river systems across 25 square miles of land known as North Delta, located in West Ogden, Utah. The project contains large deposits of alluvial mineral deposits that are created and replenished from 125 miles of river flow from the nearby Wasatch Mountain Range. These alluvial mineral deposits have an approximate average grade of 1.85 grams/ton gold and 200-1,200 grams per ton zircon. Indications are that gold, silver, and other commercial metals and minerals can be efficiently extracted by gravity separation methods. The company estimates that the project can produce up to approximately 100,000 metric tons of saleable silica product per year.
For additional information, visit www.JamesonStanford.com
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