Thursday, November 10, 2011

Rainy River Ready to Open Mine by 2015?

Rainy River Resources says it's could open its proposed open-pit gold mine south of Kenora by 2015.

Underground operations would begin 3-years later.

A preliminary economic assessment reveals the mine would operate for at least 13-years, producing more than 4-million ounces of gold and nearly 6-and-a-half million in silver.