Tuesday, August 22, 2006

Sherwood Copper Minto Project

Sherwood Copper has announced some new highlights to its Minto Copper Gold Project. Its feasibility study is complete, and production (actual producation) is targeted for the 2d quarter of next year (2007). The company is describing the mine as high grade in copper and gold, with low operating costs, and (being in Canada) of low political risk. It will be open pit, and will make us of Yukon Energy's excess hydro capacity... It might be noted that the Yukon Party welcomes such mining activity, as long as environmental and social regulations are met. In this case, all Licenses and permits are in good standing.

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