According to a Dec. 15, 2011, press release from Rock Energy Resources, Inc., and other information online, He-Man LLC of Texas (now American Patriot Gold) was scheduled to acquire the Red Arrow mine for $25 million this winter.
In 2006, Red Arrow Gold resumed year round operations at the Red Arrow Mine and did major renovations, according to the press release. In 2008, the Colorado Division of Reclamation, Mining and Safety approved a permit amendment nearly doubling the permit size. There are plans to install three mills on the mine property.
According to a Dec. 15, 2011, press release from Rock Energy...
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