Brush Creek options massive sulphide deposit

Brush Creek Mining and Development (BCMD-Q) has signed an exclusive option for the Iron Mountain massive sulphide project in California’s Shasta Cty.

The company can earn a 50% interest in the past-producing mine property by completing a final feasibility study.

Iron Mountain contains a resource of 17 million tons grading 1.4% copper and 1.9% zinc, plus 0.03 oz. gold and 1.06 oz. silver per ton.

The mine, which operated for 60 years, holds Superfund site status with the U.S. Environmental Protection Agency (EPA) as a result of acid mine drainage. Ownership is in the hands of privately held Iron Mountain Mines.

Having studied Iron Mountain for nearly 18 months, Brush Creek’s technical staff believe “the appropriate permitting authorities may embrace the company’s proposed mining activity as a method to drastically reduce acid mine drainage.”

“Our next step will be to contact the appropriate officials at the EPA,” says Brush Creek Chairman James Chapin.

Following due diligence, the company plans to begin a final feasibility study, with an eye towards development of a remedial underground operation in which the acid source is removed during mining.

Meanwhile, in California’s Sierra Cty., Brush Creek is expanding its placer gold operations at the Ruby mine and continuing operations at the Lower Brush Creek mine.