| ChevyRock
Engineering were engaged in a full scale alluvial
mining operation in 1997-2001. The price of gold at the time
was not stabilized and selling between $220 - $265 USD per
ounce which caused the partners to place a hold on further
mining operations until gold had increased in value. Now
that we have been witness to a steady increase in the value
makes for a more viable time to pursue our original program.
In late 2008 the original
partnership decided to start-up exploration on a 5.79 square
mile site consisting of 60 licensed gold mine concessions
that have geologically proven to be 70% greater in gold ore
that was originally projected. The project is now set for a
full scale mining operation to begin in late 2009 while
continued exploration is ongoing to date. |