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Western Sierra Mining Signs New Agreement with Extractive Technologies

Western Sierra Mining has signed a new contract with Extractive Technologies, the proprietors of the Silver Cord mine, which is situated in central Arizona.

According to the original agreement signed in February 22, 2011, Western was only to help in the progress of the Silver Cord mine but now the two companies have become Joint Venture partners through the new contract.

Under the contract, the company will offer different mining services that include mine engineering, permitting for both surface and underground exploration, geology and rehabilitation of tunnel to prepare for a wide sampling program. The necessary funding will be offered by Extractive Technologies. According to the present schedule, Western anticipates to commence the first exploration work before June 30th, 2011.

Western will obtain a part of the net smelter returns (NSR) for the production of gold and silver at the Silver Cord mine, besides the direct project cost. The location of Silver Cord mine is in the Black Canyon Mining area on the Turkey Creek’s east side in Yavapai County, Arizona.

The results of the primary small sampling has confirmed gold better than ½ ounce gold and silver beyond 85 ounces/ton, which is obtained from the developed tunnel at 910 ft, in September 2010.

At first, Western will persist with its estimation of the hard rock segments of the claims, but will offer some geological assessment and placer claim sampling in Turkey Creek.

Source: http://www.westernsierramining.com/

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, content production, design, animation, database and networking, software, and editing. Joel has been with AZoNetwork since its inception in 2000.

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