The management committee has accepted the Dome Mountain feasibility study and approved the capital budget for construction of the mill and other facilities. Approval has also been given to an exploration program to begin immediately. The exploration program is aimed at expanding reserves beyond the present 300,000 tons grading 0.355 oz gold and 2.34 oz silver.
Both companies are discussing project funding with financial institutions and expect to obtain a commitment that will enable construction to start this fall.
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