Santa Fe Gold Corporation (OTCBB: SFEG)) intends to establish itself as a major player in the precious metals mining field. The Company's goal is to produce significant cash flow from precious metals holdings while creating a portfolio of quality exploration and development projects that will ensure future revenue growth. Santa Fe Gold has four advanced properties, all located within the politically stable and mining friendly jurisdictions of the southwest United States.
The Summit silver-gold project began initial production in March 2010. Estimate cost of production per ounce of gold equivalent is under $350 per ounce. Cash flow from this operation makes Santa Fe Gold self supporting and provides the basis for future growth. The two million ounce Ortiz gold project is making good progress toward potential development. With two precious metals projects in the production pipeline and two industrial mineral projects in their control, Santa Fe Gold is poised for significant growth.
07/29/2010
- Santa Fe Gold Ready to Ship Concentrate
06/10/2010
- Santa Fe Gold Commissions Lordsburg Mill and Prepares to Ramp Up Production from Summit Silver-Gold Mine
05/10/2010
- Santa Fe Gold's Lordsburg Mill Produces High Quality Concentrates from Summit Gold and Silver Ore
05/04/2010
- Santa Fe Gold Information To Be Available Through Standard & Poor's Market Access Program
04/14/2010
- Santa Fe Gold Provides Update to Shareholders
03/25/2010
- Santa Fe Gold begins Summit Silver-Gold Processing Operations at its Lordsburg Mill, New Mexico
- Santa Fe Gold Supplies Trial Shipment of Flux Material to Arizona Smelter for Precious Metals Recovery
- Santa Fe Gold Raises $10 Million in Registered Direct Offering
- Santa Fe Gold Nearing Production of Gold and Silver at Summit Project
Santa Fe Gold Corporation (OTCBB: SFEG) is pleased to announce that its flotation mill is consistently producing high quality gold and silver concentrates from Summit mine ore. The company began commissioning of the mill located in Lordsburg, New Mexico on March 25, 2010.
The company is in discussions with smelters for the purchase of its concentrates, with the objective of achieving the best possible price. Sale of concentrates is planned to begin immediately upon finalizing a sales contract.
Ticker Symbol (SFEG.OB)
Date: 7/30/2010
Time: 3:57pm
Last: 0.87
Change: +0.04 (+4.82%)
Quotes Delayed 15-20 Minutes
