Yep! The White Mountain licence has been approved.
What does this mean?........
To begin with it means that Sino Gold has secure and bankable rights to all contained in the licence area.
PRODUCTION is now a foregone conclusion and is sheduled for early 2009. The forecast 60 - 70 thousand Oz is but a beginning for White Mountain. The licence area is significantly larger than the immediate future mining area, which ( if tests are correct ) indicates that the resource is open ended for upgrade as time moves on.
Todays Announcement contains more and contact with SINO GOLD is well worth the effort.
The Future is Bright, fellow holders.
SGX Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held