Mission Mining NI 43-101 Report Confirming $20+ Billion Gold, Silver Measured Resources at Gold Star Mine Now Available

LAS VEGAS–(BUSINESS WIRE)– Mission Mining Company (MISM) – Mission Mining announces that the Company has posted its recent National Instrument (‘NI’) 43-101 Mineral Resource Estimate Report on the Company’s website at www.MissionMining.com. The NI 43-101 Report on the Company’s Gold Star Mine in western Nevada confirms a total Measured Mineral Resource* quantity of 17.2 million ounces of gold and 121 million ounces of silver located in the top 30 feet of surface material across the 960-acre Gold Star claims, totaling approximately $24.7 Billion in value at current gold and silver prices.

Previous historical exploration estimates of the property have indicated an overall average of 0.29 ounces of gold per ton of alluvium on site, and 2.04 ounces of silver per ton of alluvium on-site. The NI 43-101 Mineral Resource Estimate Report by Zivkovic Geophysical Investigations, LLC, further estimates the total Measured and Inferred Mineral Resources at Gold Star Mine to be approximately 316.8 million ounces of gold and approximately 2.227 billion ounces of silver.

Mission Mining Company CEO, Carlton Wingett, stated, “The results of the NI 43-101 Report appear to validate the economic viability of recovering substantial quantities and concentrations of gold and silver ore at our Gold Star Mine. Based upon confirmation of approximately $24.7 Billion in total *Measured Mineral Resource value located near the surface, the Company will immediately pursue its business strategy to obtain the permits and funds necessary to place the Gold Star Mine into production as quickly as possible.”

*Measured Mineral Resource

“A “Measured Mineral Resource” is that part of a Mineral Resource for which quantity, grade or quality, densities, shape, and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters, to support production planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough to confirm both geological and grade continuity.”

– Per CIM Definitions Standards for the classification of Mineral Resource and Mineral Reserve estimates, adopted November 27, 2010

About Mission Mining Company

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earth minerals mining properties and placing these properties into production. The Company has acquired 100.0% ownership of the six Gold Star mining claims in Esmeralda County, Nevada, and has executed a 49-years renewable mining / operating lease for the seventeen El Dorado mining claims in San Bernardino County, California. Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM), and untested amounts of rare earth elements (REE).

Safe Harbor

This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results. Cautionary note to US investors: The US SEC limits disclosure for US reporting purposes to mineral deposits that a company can economically and legally extract or produce. Certain terms, such as reserves, resources, geologic resources, proven, probable, measured, indicated, or inferred, which may not be consistent with the reserve definitions established by the SEC. US investors are urged to consider to review and obtain copies of our filings from the SEC’s website at http://www.sec.gov/edgar.shtml.

Contact:
Carlton Wingett – CEO
Phone – 888-459-4889
CEO@MissionMining.com

NI 43-101 Report Confirms Approximately $25.5 Billion in Measured Gold and Silver Resources at Mission Mining Company’s Gold Star Mine in Nevada – $MISM

LAS VEGAS–(BUSINESS WIRE)–Mission Mining Company (OTC: MISM) – Mission Mining Company (MISM) today announced that the Company has received a National Instrument (‘NI’) 43-101 Mineral Resource Estimate Report by Zivkovic Geophysical Investigations, LLC, on the Company’s Gold Star Mine located in western Nevada. The report confirms total Measured mineral resources of 17.2 million ounces of gold and 148.3 million ounces of silver located in the top 30 feet of surface material across the six Gold Star claims.

“Confirmation of approximately $25.5 Billion in Measured gold and silver resources at our Gold Star Mine is a highly significant event for Mission Mining Company and its shareholders,” stated CEO Carlton Wingett. “The results of this NI 43-101 Report have validated substantial quantities and concentrations of recoverable gold and silver ore at our Gold Star Mine. Based upon these findings, the Company will immediately pursue its business strategy to obtain the permits and funds necessary to place this immensely valuable mining property into production as quickly as possible.”

The Gold Star Mine is a large, alluvial, desert placer mining property comprised of six U.S. Bureau of Land Management claims making up 960 acres of land area located in Esmeralda County, Nevada near the historical Gold Rush town of Gold Point. Two Nevada state highways, as well as public utility electrical power, intersect and span the Gold Star Mine property, which makes heavy equipment access to the property ideal and year-round mining operations extremely practical.

Mr. Wingett continued, “Mission Mining Company is now obtaining estimates to commission a comprehensive drilling and testing program at its El Dorado Mine in preparation for obtaining an NI 43-101 Report to establish accurate gold, silver, and platinum group metals resource estimates at the seventeen BLM claims that make up the El Dorado mining property in San Bernardino County, California. Initial sampling data indicates extraordinary values might be proven to exist near the surface at El Dorado.”

About Mission Mining Company

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earth minerals mining properties and placing these properties into production. The Company has acquired 100.0% ownership of the six Gold Star mining claims in Esmeralda County, Nevada, and has executed a 49-years renewable mining / operating lease for the seventeen El Dorado mining claims in San Bernardino County, California. Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM), and untested amounts of rare earth elements (REE).

Safe Harbor

This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:
Carlton Wingett – CEO
Phone – 888-459-4889
CEO@MissionMining.com
www.MissionMining.com

$MISM Mission Mining Company – World’s Largest Known Rhenium Deposit?

Mission Mining Company (OTC Pink:MISM) – Mission Mining Company is pleased to report that its potential in-ground Rhenium resources likely make the El Dorado Mine one of only three known significant deposits of Rhenium in existence. If further testing confirms the initial data, the El Dorado may possibly hold the world’s largest known Rhenium deposit. Worldwide demand for Rhenium is increasing rapidly, and is in danger of outpacing supply. This creates a unique business opportunity for Mission Mining Company.

As a result of securing both the El Dorado Mine and the Gold Star Mine, Mission Mining Company has strategically positioned itself within the precious metals mining industry to potentially become one of the largest mining companies in North America. Future production from these mining properties, as well as from other possible acquisitions now being reviewed by Management, is anticipated to generate substantial revenues and profits for the Company for the benefit of its shareholders, thus allowing the Company to achieve its goal of evolving into a global leader in the mining industry. As an important step in its mine development strategy, the Company plans to conduct additional, extensive, third party testing by qualified and certified geologists, mining engineers, and assayers in respect of each of its mining properties so as to verify and clarify published in-ground resource quantities and values as stated in the existing / historical test reports, assays, and valuation reports.

What is Rhenium, and why is it important?

Rhenium (Re), the last naturally occurring element to be discovered, was discovered in Germany in 1925. The process was so complicated and the cost so high that production was discontinued until early 1950 when tungsten-rhenium and molybdenum-rhenium alloys were prepared. These alloys found important applications in industry that resulted in a great demand for the rhenium produced from the molybdenite fraction of porphyry copper ores. Important uses of rhenium have been in platinum-rhenium catalysts, used primarily in producing lead-free, high-octane gasoline and in high-temperature super alloys used for jet engine components.

Jet engine turbines operate for extended time periods at temperatures above 1100 degrees C. The addition of rhenium helps ensure the metals in the turbines keep their strength at very high temperatures. (Copper, for example, would be liquid at these temperatures.)

Turbine blades have typically contained about 3% rhenium. The newest generation contains about 1.5% rhenium. Aircraft engine manufacturers have been trying to reduce the amount of rhenium in engines, because worldwide demand for the metal is in danger of outpacing supply. Rhenium is widely used as filaments for mass spectrographs. Rhenium is also used as an electrical contact material. Rhenium catalysts are exceptionally resistant to poisoning from nitrogen, sulfur and phosphorous and are useful in the hydrogenation of fine chemicals.

Rhenium’s uniqueness is its high melting point (3,180  C) and high density (21.04 g/cc). Products from rhenium can be thermally cycled thousands of times with no effects.

Although testing and assaying results to date indicate the El Dorado Mine holds significant quantities of gold, the El Dorado Mine has significant other potential. The claims are uniquely situated near one of the few currently operational rare earth elements (REE) mines in the U.S., and in limited testing, it has been determined that the El Dorado Mine also contains REE. Commercial ore values are likely located on each of the seventeen (17) contiguous BLM lode claims which comprises the El Dorado Mine. The claims are proximate to existing roads, and are anticipated to be simple to access, mine, and process due to the near-surface ore deposit. The values are contained in an intrusive and massive Rhyolitic host rock structure lying at or very near the surface, below a very thin basaltic cap, holding significant values based on testing and assaying to date, including the Platinum Group Metals (PGM’s), Gold (Au), and Rhenium (Re).

The possible tonnage of commercial grade ore which could be mined from the existing seventeen (17) El Dorado Mine claims could potentially exceed four hundred million (400,000,000) tons. It is likely that the ore can be mined using conventional methods (open pit mining), requiring no underground tunneling or extensive underground networks, while several of the Platinum Group Metals (PGM’s), plus Gold (Au) and Rhenium (Re), should be easily and profitably extractable, utilizing industry standard methods.

About Mission Mining Company

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earths mining properties and placing them into full production. The Company has acquired 100.0% ownership of the six Gold Star mining claims in Esmeralda County, Nevada, and has executed a 49-years renewable mining / operating lease for the seventeen El Dorado mining claims in San Bernardino County, California. Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM), and untested amounts of rare earth elements (REE). $MISM

Safe Harbor

This release may contain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:

Carlton Wingett – CEO
Phone – 888-459-4889
CEO@MissionMining.com

Mission Mining Company Commissions NI 43-101 Technical Report to Determine Gold and Silver Resource Estimates at Gold Star Mine

LAS VEGAS–(BUSINESS WIRE)–Mission Mining Company (OTC: MISM) – Mission Mining Company is pleased to announce the formal engagement of Zivkovic Geophysical Investigations, LLC, to prepare and submit a National Instrument (‘NI’) 43-101 Mineral Resource Estimate Report on the Company’s Gold Star Mine, a large, alluvial, placer mining property comprised of six U.S. Bureau of Land Management claims making up 960 acres of total land area located in Esmeralda County, Nevada.

The most recent geological valuation of the Gold Star property was completed in 2010. Based upon the data in this report, the current total value of Measured gold and silver resources residing in the top 30 feet of soil at the surface of the property is estimated at $30 Billion. Total in-ground resources at Gold Star are anticipated to report in the range of $400 Billion to $500 Billion. The completed NI 43-101 Report on Gold Star Mine will verify accurate quantities and values.

“Obtaining an NI 43-101 technical report for resource estimation and exploration potential to validate the historical trenching, drilling, testing, and assay data on the Gold Star Mine should prove extremely valuable to Mission Mining in pursuing its business plan to fund and place into production this immensely valuable mining property,” stated Mission Mining CEO Carlton Wingett. “Confirmation of even a fraction of the property’s total resources that meet the “CIM Standards of Disclosure for Mineral Projects” required to produce a certified NI 43-101 report could be a highly significant event for MISM shareholders.”

“The NI 43-101 is the “geological reporting standard of the mining industry” and provides a solid basis for asset determination in meeting public company reporting requirements,” continued Wingett. “It also is a necessary component for companies that are soliciting capital from financial institutions to fund and develop mining operations. The full Gold Star Mine NI 43-101 Resource Estimate Report is expected to be available for release within 4-6 weeks.”

About Zivkovic Geophysical Investigations, LLC

Zivkovic Geophysical Investigations, LLC, is an established geophysical consulting firm located in Greely, Colorado, with extensive experience in the calculation of NI 43-101 compliant resource estimates. The company was founded by Vladimir B. Zivkovic, Ph.D., C.P.G., Q.E.P. To ensure the quality of its results, Zivkovic Geophysical has implemented comprehensive acquisition techniques, data quality assurance procedures, interpretation procedures, and report formats.

About Mission Mining Company

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earths mining properties and placing them into full production. The Company has acquired 100.0% ownership of the six Gold Star mining claims in Esmeralda County, Nevada, and has executed a 49-years renewable mining / operating lease for the seventeen El Dorado mining claims in San Bernardino County, California. Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM), and untested amounts of rare earth elements (REE).

Safe Harbor

This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:
Carlton Wingett – CEO
Phone – 888-459-4889
CEO@MissionMining.com

Posted October 23, 2013 09:00 AM Eastern Daylight Time

http://www.MissionMining.com

$MISM – Mission Mining Company Pursues an NI 43-101 Resource Estimate Report on its Gold Star Mine located in Esmeralda County, Nevada

 

Mission Mining Company has engaged Zivkovic Geophysical Investigations, LLC, to prepare and submit a National Instrument (‘NI’) 43-101 Mineral Resource Estimate on the Company’s Gold Star Mine located in Esmeralda County, Nevada. The NI 43-101 technical report on gold and silver deposits will fully conform to the Canadian Institute of Mining Standards (CIM Standards) on Mineral Resources and Reserves, as well as conformation to NI 43-101 “Standards of Disclosure for Mineral Projects.”  Vladimir B. Zivkovic, M.S., is the designated “Qualified Person”, as defined in NI 43-101, and will be responsible for the contents of the report.  Dr. Zivkovic performed additional testing at the Gold Star Mine site in the past week in order to obtain all necessary data for completing the NI 43-101 report.  Submission of the report is anticipated within 4-6 weeks.

 

The Gold Star Mine is a large, alluvial, placer mining property holding significant gold and silver resources. It is located in Esmeralda County, Nevada, near the town of Goldfield.  Gold Star is comprised of six U.S. Bureau of Land Management claims making up 960 acres of total land area. The property has been trenched, drilled, and tested on several occasions by certified geologists and mining engineers. The most recent geological valuation of the property was completed in 2010. Obtaining an NI 43-101 technical report for resource estimation and exploration potential in order to validate the historical drilling, testing, and assay data on the Gold Star Mine should prove extremely valuable to Mission Mining in pursuing its business plan to fund and place into production this immensely valuable mining property.

 

Zivkovic Geophysical Investigations, LLC, is an established consulting firm located in Greely, Colorado, with extensive experience in the calculation of NI 43-101 compliant resource estimates.  The company was founded by Vladimir B. Zivkovic, Ph.D., C.P.G., Q.E.P.  Dr. Zivkovic is a graduate of Temple University with a Bachelors of Science Degree in Geology and a graduate of the University of Memphis with a Masters of Science Degree in Geology. Dr. Zivkovic earned his PhD in Geology from the University of North Dakota.

 

Zivkovic Geophysical Investigations, LLC, is a full service geophysical consultancy that specializes in advanced, magnetic, gravity surveys and electrical resistivity. Geophysical surveys are typically used in mineral exploration, geothermal exploration, oil and gas exploration, archeological investigations, and environmental investigations.  Zivkovic Geophysical conducts its surveys using the most proven equipment and procedures. To ensure the quality of its results, Zivkovic Geophysical has implemented comprehensive acquisition techniques, data quality assurance procedures, interpretation procedures, and report formats.

Mission Mining Company Begins the Process of Filing a Registration Statement on Form S-1

 

Jun 07, 2013 – OTC Disclosure & News Service – Las Vegas, NV – Mission Mining Company (OTC Pink: MISM)

Mission Mining Company has engaged counsel in order to initiate the process of drafting and filing its registration statement on Form S-1 in order to have access to more capital and to become a fully transparent, fully reporting ’34 Act company. The Company has engaged Matthew McMurdo, Esq., formerly of Brown & Wood, LLP, Bingham McCutchen LLP, Greenberg Traurig LLP, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., to assist in the drafting of the Form S-1.

Additionally, the audit of the financial statements of the Company is near completion. Therefore, we expect the initial filing of the Form S-1 to occur in approximately one month. Mission Mining Company is taking these steps with a view towards bringing real value to the shareholders and removing itself from the inherent stigma of operating as a Pink Sheets company. The Company believes that with its over $400,000,000 of assets, as found on its financial statements, it is poised to up-list. Thereafter, the Company will look to list on various global exchanges and eventually seek a higher US listing.

About Mission Mining Company:

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earths mining properties pursuant to its business plan of expeditiously and prudently developing the owned / leased mining properties and placing them into full production.  The Company has recently executed a mining / operating lease for the El Dorado mining property in San Bernardino County, California, and has acquired 100.0% ownership of the Gold Star mining property in Esmeralda County, Nevada.  Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM?s), and likely substantial but as yet untested amounts of rare earth elements (REE).  As an important step in its mine development strategy, the Company plans to conduct additional, extensive, third party testing to be conducted by qualified and certified geologists, mining engineers, and assayers in respect of each of its mining properties so as to verify, validate, and clarify published in-ground resource quantities and values as stated in the existing / historical test reports, assays, and valuation reports.  Management?s commitment to restructure the Company on behalf of its shareholders, as evidenced by the decision to focus on the acquisition and development of suitable US precious metals and rare earth mining properties represents a timely and prudent business opportunity, as the saleable products will not become obsolete, and there will always be a significant demand and liquid market for the metals / rare earths produced.  As a result of the acquisition of the El Dorado Mine and the Gold Star Mine, the Company has significantly increased its total booked assets under GAAP, as reflected in its financial statements now on file with OTC Markets.

Safe Harbor

This release may contain ?forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based.  Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions.  The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:

Carlton Wingett – CEO

Phone  888-459-4889

CEO@MissionMining.com

http://www.MissionMining.com 

Mission Mining Company Executes Agreement to Lease, Mine, and Operate the El Dorado Mine in California

 

Las Vegas, NV, May 28, 2013 – Mission Mining Company (OTC Pink: MISM) – Mission Mining Company is pleased to announce that the Company has executed an Agreement with Colten Metals LLC, to lease, mine, and operate the El Dorado Mine in California. The El Dorado Mine is comprised of seventeen (17) contiguous Bureau of Land Management lode mining claims containing a total of three hundred forty (340) acres located in San Bernardino County, California.  The term of the mining and operating lease is forty-nine (49) years, with provisions for Mission Mining Company to be granted an extension of the lease for the duration of the property’s productive life.  Colten Metals LLC, will receive convertible preferred shares in Mission Mining Company with a capped value of USD $5,000,000 plus a nine per cent (9.0%) Net Smelter Return Royalty in respect of all salable metals and other products resulting from the Company’s operations on the seventeen El Dorado Mine claims as compensation.

Carlton Wingett, CEO of Mission Mining Company remarked, “On behalf of our management team, I am extremely excited to announce the addition of the El Dorado Mine to the Company’s portfolio of U.S. mining properties.  Securing the mining / operating rights for, along with the rights to the vast majority of potential profits to be generated from, the El Dorado Mine is akin to finding a treasure.  It is a unique mining property, and based on previous testing and assaying results, may well comprise some of the largest known deposits of certain strategic metals.” Mr. Wingett also stated, “Our management team has exhibited extraordinary vision and determination over the past several months. In a short period of time, Mission Mining Company has dramatically increased its asset base and net worth and has secured, through the acquisition of significant mining properties including the Gold Star Mine and the El Dorado Mine, the opportunity to become a global leader in the precious metals and rare earths mining industries.  Our goal is not to be just another junior mining company, but to become an industry leader in terms of both profitability and environmentally responsible operations.  In cooperation with investors and shareholders who have indicated a willingness to share this vision with us, we firmly believe that becoming a globally prominent mining company is an achievable goal.”

Although testing and assaying results to date indicate the El Dorado Mine holds significant quantities of gold, the El Dorado Mine has significant other potential.  The claims are uniquely situated near one of the few currently operational rare earth elements (REE) mines in the U.S., and in limited testing, it has been determined that the El Dorado Mine also contains REE.  Commercial ore values are likely located on each of the seventeen (17) contiguous BLM lode claims, known as the El Dorado #1 through #12, and the King of California #1 through #5, which comprises the El Dorado Mine.  The claims are proximate to existing roads, and are anticipated to be simple to access, mine, and process due to the near-surface ore deposit.  The values are contained in an intrusive and massive Rhyolitic host rock structure lying at or very near the surface, below a very thin basaltic cap, holding significant values based on testing and assaying to date, including the Platinum Group Metals (PGM’s), Gold (Au), and Rhenium (Re).  The potential Rhenium reserves likely make the El Dorado Mine one of only three known significant deposits of Rhenium, and if further testing confirms the initial data, the El Dorado may possibly hold the world’s largest known Rhenium deposit.

The ore body has been opened and exposed using dozer cut methods to expose a three dimensional picture of the deposit.  A well known Metallurgist and author of what was long considered to be the industry bible on metallurgy, Mr. C.W. Ammen, initially completed the recovery flow sheet for the precious metals in the late 1990’s.  The recovery flow sheet / suggested recovery process was favorably reviewed by a qualified chemist / metallurgist at the University of Nevada, Las Vegas, and more recently still by a retired Haliburton chemist and metallurgist.  An assessment of values in a 2009 report indicates extremely robust project economics based on a very large deposit of easily mined head ore containing very significant values of easily extractable precious metals and, as yet unknown quantities of rare earths.  The possible tonnage of commercial grade ore which could be mined from the existing seventeen (17) El Dorado Mine claims could potentially exceed four hundred million (400,000,000) tons.  It is likely that the ore can be mined using conventional methods (open pit mining), requiring no underground tunneling or extensive underground networks, while several of the Platinum Group Metals (PGM’s), plus Gold (Au) and Rhenium (Re), should be easily and profitably extractable, utilizing industry standard methods.

As a result of securing both the El Dorado Mine and the Gold Star Mine, Mission Mining Company has strategically positioned itself within the precious metals mining industry and has secured the potential of becoming one of the largest mining companies in North America.  Future production from these mining properties, as well as from other possible acquisitions now being reviewed by Management, is anticipated to generate substantial revenues and profits for the Company and for the benefit of its family of employees and shareholders, thus allowing the Company to achieve its aim of evolving into a global leader in the mining industry.  As an important step in its mine development strategy, the Company plans to conduct additional, extensive, third party testing to be conducted by qualified and certified geologists, mining engineers, and assayers in respect of each of its mining properties so as to verify, validate, and clarify published in-ground resource quantities and values as stated in the existing / historical test reports, assays, and valuation reports. 

About Mission Mining Company:

Mission Mining Company focuses on the acquisition and development of significant US gold, silver, platinum group metals, and rare earths mining properties pursuant to its business plan of expeditiously and prudently developing the owned / leased mining properties and placing them into full production.  The Company has recently executed a mining / operating lease for the El Dorado mining property in San Bernardino County, California, and has acquired 100.0% ownership of the Gold Star mining property in Esmeralda County, Nevada.  Historical geological reports on the two properties indicate substantial values in gold, silver, platinum group metals (PGM’s), and likely substantial but as yet untested amounts of rare earth elements (REE).  As an important step in its mine development strategy, the Company plans to conduct additional, extensive, third party testing to be conducted by qualified and certified geologists, mining engineers, and assayers in respect of each of its mining properties so as to verify, validate, and clarify published in-ground resource quantities and values as stated in the existing / historical test reports, assays, and valuation reports.  Management’s commitment to restructure the Company on behalf of its shareholders, as evidenced by the decision to focus on the acquisition and development of suitable US precious metals and rare earth mining properties represents a timely and prudent business opportunity, as the saleable products will not become obsolete, and there will always be a significant demand and liquid market for the metals / rare earths produced.  As a result of the acquisition of the El Dorado Mine and the Gold Star Mine, the Company has significantly increased its total booked assets under GAAP, as reflected in its financial statements now on file with OTC Markets.

Safe Harbor

This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Those statements include statements regarding the intent, belief, or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based.  Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions.  The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contact:

Carlton Wingett – CEO

Phone – 888-459-4889

CEO@MissionMining.com

NEWS – Mission Mining Company Executes Letter of Intent to Lease, Mine, and Operate the El Dorado Mine in California

PRESS RELEASE – Las Vegas, NV, May 20, 2013

Mission Mining Company (OTC Pink: MISM) – Mission Mining Company is pleased to announce that the Company has executed a Letter of Intent with Colten Metals LLC, to execute an agreement for Mission Mining Company to lease, mine, and operate the El Dorado Mine in California. The El Dorado Mine claims are reported to hold extensive values / quantities of gold, platinum group metals, and rare earth metals, and have the potential to become one of the largest and most productive mining properties in North America.  Production from the El Dorado Mine is anticipated to generate substantial revenues and profits for the Company on behalf of its shareholders, and ultimately propel the Company into position as a leader in the mining industry.

The El Dorado Mine is comprised of seventeen (17) contiguous Bureau of Land Management lode claims comprising a total of three hundred forty (340) acres located in San Bernardino County, California. The El Dorado Mine claims are known as the El Dorado Lode Claims numbers 1 – 12, and the King of California Lode Claims numbers 1 – 5, collectively referred to by the Company as the El Dorado Mine.  The Letter of Intent specifies the term of the mining and operating lease to be forty-nine years, with provisions for Mission Mining Company to be granted an extension of the lease for the duration of the property’s productive life.  As compensation under the proposed agreement per the terms of the Letter of Intent, Colten Metals LLC, will receive a 9.0% Net Smelter Return Royalty (NSR Royalty) in respect of all salable metals and other products resulting from the Company’s operations on the seventeen El Dorado Mine claims as compensation.

Rare Earth Elements – Based on historical reports and testing, the El Dorado Mine claims are expected to hold extensive values / quantities of gold, platinum group metals, and rare earth elements (REE).  REE are necessary industrial components in the manufacture of alloys, magnets, lasers, fluorescent and mercury-vapor lamps, many aerospace components, and a myriad of other products utilized globally by consumers, industry, and government agencies.  REE can be found in varying commercial quantities throughout the world, however China dwarfs the production of all other nations combined.  As China now controls an estimated 97.0% of global production / markets of critical REE, political and economic pressures to identify and produce REE in the United States are mounting rapidly. Certain areas of California are known to hold extensive REE deposits.  The potential presence of significant amounts of REE in the El Dorado Mine claims makes the property a valuable strategic addition to Mission Mining Company’s mining property portfolio.

Based upon professional technical reports submitted by several qualified individuals and organizations, a Valuation Report was prepared in 2010 by a professional geologist on one of the seventeen El Dorado Mine claims.  Although there is no certainty of the fact, the Company believes the results / values reflected in the report will likely be somewhat representative of the other sixteen claims comprising the El Dorado Mine.  The property (one claim) evaluated in the subject report was the 20-acre lode-mining claim that is filed with the United States Bureau of Land Management (BLM). The report states that numerous geochemical samples had been collected for laboratory analytical testing, and the results indicated the contained gold values on the claim could reach up to four ounces of gold per ton of host material.  In addition to gold, there are also silver, copper, iron, platinum, palladium, rhodium, rhenium, iridium, and rare earth metals values contained.

The report indicated that the available information, reports, data, and maps indicate the mineralized zone on the 20 acre claim is estimated as being 1500 feet long, 600 feet wide, and 500 feet deep, thus containing approximately 16.7 million cubic yards of metal-bearing (host) rock in the subject claim.  Based on a conversion factor of 1.5 tons of rock per cubic yard, there is an estimated 25 million tons of metal-bearing (host) rock contained in the El Dorado Lode Claim #8.

Some of the significant assay values reflected in the materials from the tests upon which the geological valuation report was based, indicated contained metals values – although there is no assurance that the values will be consistent through the entire group of claims – of up to: 

Gold – 4.0 ounces per ton

Platinum – 1.764 ounces per ton

Palladium – 1.161 ounces per ton

Rhodium – 1.436 ounces per ton

Rhenium – 6.206 ounces per ton

Iridium – 6.000 ounces per ton

Upon completing the anticipated execution of a final agreement for the El Dorado Mine, in addition to holding 100% ownership in the Gold Star Mine, Mission Mining Company will have the potential to become one of the largest mining companies in North America.  Management continues its commitment to identify and secure ore-rich, world-class U.S. mining properties upon which its management team can build a reputable and profitable company on behalf of its shareholders. 

About Mission Mining Company:

Mission Mining Company will focus on the acquisition and development of significant US gold and silver mining properties pursuant to its business plan to expeditiously and prudently develop the owned / leased mining properties and place them into production.  The Company has recently acquired 100% ownership in the Gold Star mining property in western Nevada, which existing geological reports indicate holds substantial values in Measured, Indicated, and Inferred gold and silver metals. The Gold Star Mine contains 960 acres of alluvial deposits suitable for placer mining operations, and is located in Esmeralda County, Nevada, near the town of Goldfield.   The Gold Star Mine will be one of Mission Mining Company’s primary development projects, as it demonstrates a combination of favorable characteristics, including a weather pattern which is benign and conducive to year-round operations, together with reasonable regulatory burdens and compliance requirements, a significantly large tonnage of host materials to process, with reasonable to good contained values per ton, the totality of which may result in a very long term and profitable gold and silver mining operation.  Management’s commitment to restructure the Company on behalf of its shareholders, as evidenced by the decision to focus on the acquisition and development of suitable US precious metals and rare earth mining properties represents a timely and prudent business opportunity, as the saleable products will not become obsolete, and there will always be a significant demand and liquid market for the metals / rare earths produced.  As a result of the acquisition of the Gold Star Mine, the Company has significantly increased its total booked assets, as reflected in its financial statements now on file with OTC Markets.

Safe Harbor

This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact:

Carlton Wingett – CEO

Phone – 888-459-4889

CEO@MissionMining.com

$MISM Mission Mining Company Stock Price Closed UP 19.75% on Wednesday. #MISM #Gold #Silver

 

$MISM Mission Mining Company Stock Price Closed UP 19.75% on Wednesday. 

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$MISM Stock Price UP 81.82% at 2pm 05/16/13 #Mission Mining Company #MISM – OTC Markets

 

$MISM Stock Price UP 81.82% at 2pm 05/16/13 #Mission Mining Company #MISM – OTC Markets http://j.mp/12bxWsx

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$MISM Stock Price UP 45.45% at 1:30pm 05/16/13 #Mission Mining Company #MISM – OTC Markets

 

$MISM Stock Price UP 45.45% at 1:30pm 05/16/13 #Mission Mining Company #MISM – OTC Markets http://j.mp/12bxWsx 

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$MISM Stock Price UP 30.9% at 11:15am 05/16/13 – #Mission Mining Company #MISM http://www.MissionMining.com

 

$MISM Stock Price UP 30.9% at 11:15am 05/16/13 – #Mission Mining Company #MISM http://www.MissionMining.com  OTC Markets http://j.mp/12bxWsx

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Mission Mining Company Engages Auditors, Silberstein, Ungar, PLLC, and Announces Restoration of Full DTC Eligibility Status by Depository Trust Company – WSJ.com

Mission Mining Company Engages Auditors, Silberstein, Ungar, PLLC, and Announces Restoration of Full DTC Eligibility Status by Depository Trust Company – WSJ.com.

LAS VEGAS, May 16, 2013 /PRNewswire/ — Mission Mining Company (OTC Pink: MISM) — Mission Mining Company has engaged Silberstein, Ungar, PLLC, CPA’s and Business Advisors, a PCAOB auditing firm, to audit the past two fiscal years of the Company’s financial statements in preparation for filing a registration statement on Form S-1 with the SEC in order to become a fully reporting ’34 Act company. The audit is underway at this time, and is anticipated to be completed within a few weeks. The completed audit will soon be made available to shareholders on the OTC Markets website.

Mission Mining Company has recently been granted full DTC eligibility status by the Depository Trust Company (DTCC). DTCC has permitted Mission Mining Company’s stock to resume being deposited under DTC to enable normal electronic trading of MISM stock. This now allows the financial marketplace to execute standard trades, ultimately generating a broader distribution of MISM stock throughout all segments of the investment community.

About Mission Mining Company:

Mission Mining Company will focus on the acquisition and development of significant US gold and silver mining properties under a business plan to expeditiously place these mining properties into production. The Company has recently acquired 100% ownership in the Gold Star mining property in western Nevada, holding substantial values in total Measured, Indicated, and Inferred gold and silver resources. The Gold Star Mine is a large mining property in Esmeralda County, Nevada, near the town of Goldfield made up of drilled and tested high value alluvial deposits. The property is comprised of six U.S. Bureau of Land Management claims making up 960 acres of total land area. The Gold Star Mine promises to be a cornerstone development project, under which Mission Mining Company plans to pursue the mining and production of gold and silver ores. Continuing its commitment to restructure the Company on behalf of its shareholders, management has made a decision to focus on the acquisition and development of large US gold and silver mining properties. As a result of the acquisition of the Gold Star Mine, the Company has significantly increased its total assets, as reflected in its financial statements filed with OTC Markets.

Safe Harbor

This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Mission Mining Company and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact:

Carlton Wingett — CEO

Phone — 888-459-4889

CEO@MissionMining.com

SOURCE Mission Mining Company

$MISM Mission Mining Company Stock Price Closed UP 19.75% on Wednesday. #MISM #Gold #Silver

Mission Mining Company (MISM): #MISM Stock Price Closed UP 19.75% on Wednesday.  #MISM #Gold #Silver #Mining  

http://www.MissionMining.com

Mission Mining Company (MISM): $MISM stock price up 13.04% at 3pm 05/15/13 #MISM

 

Mission Mining Company (MISM): $MISM stock price up 13.04% at 3pm 05/15/13 #MISM

http://www.MissionMining.com

 

Mission Mining Company (MISM): $MISM stock price up 8.7% at 11:30am 05/15/13

 

Mission Mining Company (MISM): $MISM stock price up 8.7% at 11:30am 05/15/13

http://www.MissionMining.com 

 

Gov’t Saves Banks Saves Gov’t Saves Banks Saves Gov’t… How Long Can This Last?

 

The latest unemployment data reveal the hope and tragedy of the American economic plight. Cheers went up for a modest increase in hiring, one that:

• barely keeps up with population;
• features mostly temp workers;
• leaves out prime-age males and all young workers;
• and keeps labor participation rate at a low level from 1979.

This is good news? Hmmm…

But the central bank will save us, right? So say economic journalists. They love metaphors. Actually, professional economists love them too. The latest phrase being tossed around is that world central banks are “stepping on the gas” to get the economy to move.

The European Central Bank dropped rates again after noting that economies are stagnant or shrinking. The Federal Reserve too says it will not let up in its asset-buying program, all in an attempt to make economic growth happen.

Let’s look at the car analogy. I took my car into the shop the other day. It had developed two problems. The gas pedal was sticky. I mashed and mashed the pedal, but the car was unresponsive. At the same time, the brakes weren’t working right. I had to push the brake all the way to the floorboard to stop the car.

Let say the mechanics had said, “The fix is to do more of what you are doing. Just sit there and keep pushing the gas and the brake. Do this as long as necessary to get it going again.”

As a customer, I would have immediately seen that this was stupid advice. The point isn’t to keep doing the same thing, but to look for a deeper solution. One that actually fixes the problem. It turns out that a cable that made the accelerator work was slipping, and the brakes needed more fluid. The mechanics fixed both, and I was on my way.

But with the central bank, it never occurs to them to look under the hood or check the underlying mechanics. They just keep doing the same thing over and over again: lowering rates and buying bad assets with newly created money.

How’s that worked out?

Well, the results are in: five years of continued stagnation. The central bankers are sitting in the car and really want to make it move, but they keep using the tools they have in front of them. It’s almost as if they can’t discern the incredibly obvious fact that they need to get out and look under the hood.

One of the symptoms of the problem is right in front of their eyes. The money they are creating isn’t becoming part of the real economic lives of spenders. Instead, it keeps piling up in bank vaults, fixing the balance sheets of banks, but not achieving the end of bringing about economic growth.

On the one hand, there are the reserve balances of banks carried by the Federal Reserve. They have never been higher. The money to create the appearance of recovery and even create crazy hyperinflation is certainly there:

 Banks Suddenly Turned into Hoarders After 2008 and the Introduction of Easy Money

On the other hand, there is the money velocity statistic. This measures the average frequency with which money is being spent. It is a crucial indicator, because consumers and borrowers are the ones who determine velocity. It is an extension of human choice that the Fed with all its power cannot control.

Now look at what’s happened. Velocity was at its highest point during the inflation of the late 1970s, because people couldn’t wait to get rid of their money. But as the inflation rate has fallen over the last 30-plus years, so too has velocity fallen. You can see that it rose slightly during the 2000s bubble, but then crashed again after the beginning of the 2008 recession:

 Consumers, Not the Fed, Controls How Fast We Spend Dollars

Again, there is absolutely nothing that the Fed’s stimulative activities can do to change this. Yet in order for the Fed’s policies to actually inspire economic growth, this will have to change. Not that the Fed hasn’t been trying. It has knocked interest rates down to zero in order to discourage saving and punish people for failing to employ cash balances. But it hasn’t done the trick. It is just like the 1930s, when the Fed tried to inflate, but couldn’t manage to get the public to go along with its plan.

For anyone who believes in markets as opposed to central planning, these results are actually encouraging. They show that even the much-vaunted power of central bankers can be severely limited by human choice. If we don’t go along, they are circumscribed in their power. They can buy and buy and print and print, but it changes nothing about how you and I respond. Yet you and I are the keys to making their plans come to fruition.

What mistake have the central bankers made? To beat an already dead analogy, they failed to look under the hood and see that the economic problem cannot be cured through the exercise of the printing power alone.

What was revealed in 2008 is known as a bubble. Bubbles follow predictable courses. They appear and expand due to increases in the money supply. They are exacerbated by policies like “too big to fail” and federally guaranteed institutions like Fannie Mae and Freddie Mac. This money expansion gives rise to irrational exuberance that shows up in various sectors, and this is followed by the realization that such exuberance is unsustainable.

This pattern is not new. Doug French demonstrates this in his wonderful book Early Speculative Bubbles, available now to all members of the Laissez Faire Club.

Tulip mania, the Mississippi bubble, and the South Sea bubble were all due to this same thing. They were blown up by increases in the money supply. They were cured by deleveraging and starting over again.

Here, you can easily see the relationship between recession (in the gray bars) and the expansion and contraction of the rate of increase in the money supply:

 How an economy responds to delusional, know-it-all central bankers

The most recent period of recession is particularly interesting. The people who calculate whether we are in a recession or not called its end in 2009. Yet has expansion really been the result? Not really. We had the deepest collapse in economic activity in the postwar period, followed by the slowest sustained rates of economic growth in living memory. Meanwhile, incomes continue to fall, small-business creation is pathetic, and the falling rate of unemployment is due almost entirely to labor-force dropouts.

This is not a pretty picture, yet the central banks just keep doing the same thing over and over. This is not scientific public policy. This is pure witchcraft. And it is dangerous. Moreover, it all traces to one fundamental error. The Fed was unwilling to let the economy hit bottom so that it could enter a sustainable growth path. Its role as savior after the bubble collapse has gone nearly unquestioned. It’s as if the whole world just suddenly decided that dealing with economic pain should be against the law. Ironically, this decision has only prolonged the pain.

Back to the original metaphor. If the time of honesty ever arrives and someone in a position to fix the problem finally lifts up the hood of this stalled engine, there will be an ugly sight to behold. That person will find a bank sector sustained by fake money, a housing sector sustained by a fake market, a savings sector gutted by mandatorily low returns, and a whole new series of new bubbles that will prove themselves unsustainable.

The managers of the central banks can look at these charts same as you or I. They just choose to ignore the obvious lessons they impart.

It kind of makes you long for the days of Tulip mania. The episode in Holland was nuts, but at least no one tried to repair the damage by doing more of what caused it in the first place.

Jeffrey Tucker – Original article posted on Laissez Faire Today

from Best Gold Blogs by Jeffrey Tucker

http://www.MissionMining.com 

China’s Real Gold-Reserves At 4,000 Tonnes?

 

Since the Crash of ’08 exposed the global financial system as simply one, big Ponzi-scheme ticking-down to implosion; one of the most public and emphatic economic policies of China’s government has been the rapid and relentless accumulation of more gold reserves to “back” its own monetary system.

This economic priority has become an even greater imperative as China steadily replaces the U.S. dollar with the renminbi as the world’s new “reserve currency.” Stage I of that process has been $trillions in bilateral trade agreements and currency-swaps. Stage II was the establishment of a “reniminbi trading bloc” among seven of ten of Asia’s most-prosperous economies, where the renminbi is now the reserve currency for these nations.

What is unclear is whether “Stage III” involves any overt action by China to spread the renminbi’s official, reserve currency status; or whether it simply involves passively waiting for the West to complete its self-destruction of the dollar-based system. What is clear is that a central part of China’s mission to have the renminbi assume the global mantle of “reserve currency” is to have massive gold reserves backing that currency.

…Even if we assume that some of that remaining 3,000 tonnes of gold-production leaked into its own domestic market (despite the best efforts of China’s government); there is a vast amount of mined gold in China which has not been accounted for, and we must strongly suspect that most, or all, of that gold is securely stored in government vaults.

In other words, instead of having only 1,054 tonnes of gold reserves it’s quite possible that China could have as much as four times that amount: 4,000 tonnes. This would make the previously announced goals of China’s national “task force” still attainable.

from USAGOLD News and Views

http://www.MissionMining.com 

U.S. Mint gold bullion coins sales soar in April to highest in 3 years

 

American Eagle silver bullion coins sales are on the threshold of setting records as year-to-date sales have never been achieved so early in the year.

U.S. Mint figures show American Eagle gold coin sales hit a three-year high of 209,500 ounces in April, the highest since December 2009 sales of 231,500 coins. These figures include 187,500 one-ounce American Eagle bullion coins.

Year-to-date total gold coin sales now stand at 502,000 ounces as of Tuesday, April 30th. American Eagle one-ounce bullion coins sales now stand at 434,000 ounces as of that date. U.S. Mint spokesman Michael White told Bloomberg that the one-ounce gold bullion coins are the most popular for investors.

Gold prices recorded their biggest one-day loss in dollar terms in 30 years on April 15^th.

by Dorothy Kosich, MineWeb.com

http://www.MissionMining.com 

INFOGRAPHIC: Mining builds communities

 

In an effort to highlight what mining brings to communities, The Mining Association of British Columbia (MABC), Canada, and The Mining Suppliers Association of BC (MSABC) partnered up with Visual Capitalists and produced this infographic.

MINING.com Editor | May 1, 2013

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