Oct 14 2010
Spectrum Acquisition Holdings, Inc. (Pink Sheets: SPAH), a growing mining exploration, technology and services organization, announces the possibility of high grade gold deposits on its Graham Gulch Gold Mines.
Spectrum Acquisition Holdings' subsidiary Avalon Perspectives LTD, LCC recently purchased The Graham Gulch Gold Mines in Siskiyou County, California. Since the purchase various evaluations of the land have been made and will continue to be made. The land looks very promising and there seems to be a good possibility of potential high grade deposits.
Spectrum Acquisition Holdings CEO Dale Henry comments, "The Salmon River is one of the richest river systems in America. Quite a bit of mining has been done in this region and still is being done, with enormous success. Lode veins have been mined here till 1940, and have been known to have high grade pockets. World War II put a financial damper on the world, and they stopped mining this region shortly there after. Luckily for us this means little prospecting has been done since the 1940s, leaving untapped veins for us to explore."
Source: Spectrum Acquisition Holdings, Inc.