Business
Mining Engineers Enter Gubong Mine
Mining Engineers Enter Gubong Mine.
About this update from Bluebird Mining Ventures Ltd.
[{"type":"text","content":"\n \nRNS Number : 3914U Bluebird Merchant Ventures Limited 24 October 2017 \n\n24 October 2017\n \nBluebird Merchant Ventures Ltd\n(the \"Company\" or \"Bluebird\")\nBluebird enters the Gubong mine\nBluebird Merchant Ventures (EPIC: BMV), the Asian focused resource development group, is pleased to report that, over the past week, mine engineers have entered the Gubong mine through an adit, the main decline shaft, as well as a newly discovered smaller decline shaft to commence the initial evaluation of the project . \nHighlights\n· In three days the company has opened up 300 metres of horizontal development and 50 metres of shaft days\n· The tunnels are approximately 1.5-1.7 metres high and 1.5 m wide, which was typical of near surface development\n· The team noted a number of unmined narrow veins and took some initials samples for analysis.\n· Mine geologists will start work this week on the mapping and sampling phase\n· From initial inspection the Company is optimistic for the reopening of the mine \n· The company can now begin to gather metallurgical samples to assess the optimum process using today's technology\n \nThe first adit (named adit 4) was explored for a total distance of 250 metres in all directions. The area is possibly some of the first workings ever created on the mine. The tunnels are approximately 1.5-1.7 metres high and 1.5 m wide, which was typical of near surface development when hand-held mining was the norm. The team noted a number of unmined narrow veins and took some initial samples for analysis. \nHaving established that the mine is reasonably accessible, the company has arranged for mine geologists to start work this week on the mapping and sampling phase of the project during which the company will start determining the potential resource available for mining in terms of tonnage and grade. From the team's initial inspection, the opinion remains positive for the reopening of the mine. The Company can also now begin to gather metallurgical samples to assess the optimum process using today's technology.\nHaving completed the inspection of the adit, the team moved to the Main Shaft which is a 60-degree decline shaft that was located the week before. This shaft is approximately 2 metres high by 4 metres wi...