Vancouver-listed Annabel Gold Mines has raised $700,000 to explore the Carissa mine property near South Pass City, Wyo.
The mine is owned by Hol-Lac Gold Mines (CDN). Since its discovery in 1867, 30,000 tons have been mined from five levels. In 1989, surface and underground drilling showed that the mineralization continued to at least 150 ft. below the deepest workings at 500 ft.
Annabel plans to begin work in early May, as soon as permits are in hand.
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