Sutter Gold Mining Inc. (TSXV:SGM,OTCQX:SGMNF) provided updates on mining and construction at the Lincoln Project in California.
As quoted in the press release:
… underground development is well underway at its Lincoln Mine Project in the heart of California’s Mother Lode gold belt. The project is on track for gold production in the fourth quarter of this year, ramping up to full production in the first half of 2013.
The Company also announces that Mr. Stephen Zahony (age 70), Vice President of Exploration and Geology, will retire from the Company on October 15, 2012.
Sutter Gold President & CEO Leanne Baker said:
“Our mine site has been transformed in the past six months,”"The mill building is closed in and equipment is being installed, the shop and staff services building is progressing, and our new Sand Barn and tailings thickener are under construction. We continue to hire for new positions. Most exciting, we are advancing mine development, with two new portals coming on, and new headings being developed off of our main Stringbean Alley decline.”