Fire River Gold Corp. (CVE:FAU) Slated To Commence Production in Summer 2011 and Attending 2011 PDAC, Toronto, Canada
Vancouver, Feb 25, 2011 AEST (ABN Newswire) - Fire River Gold Corp. (CVE:FAU) (PINK:FVGCF) (ETR:FWR) will be exhibiting at the 2011 PDAC International Convention, Trade Show & Investors Exchange in Toronto, Canada at the Metro Toronto Convention Centre and would like to invite attendees to visit us at booth 2129. Fire River Gold will also be attending this year's Mines & Money Conference in Hong Kong, March 22-25, 2011 at the Hong Kong Convention and Exhibition Centre.
Fire River Gold is a near term producer and is slated to commence production at its Nixon Fork Gold Mine in summer 2011. The Nixon Fork Gold Mine is located in Alaska's famous Tintina Gold Belt. Alaska has a long history of mining and is considered to be very politically friendly to the industry and hosts Kinross' Fort Knox, Barrick Gold's Donlin Creek, and Sumitomo's Pogo Mine. In July 2010, Fire River Gold announced it commenced a 28,000 metre exploration and definition drilling to expand resources and support the detailed mine plan
As of February 8, 2011, Loewen, Ondaatje, McCutcheon Ltd (LOM), a full service brokerage firm, initiated analyst coverage of Fire River Gold Corp. Please contact them directly for their full length research report.
On February 17, 2011, Fire River Gold announced the results of its preliminary economic assessment (PEA) for the resumption of underground mining at the Nixon Fork Gold Mine, conducted by Snowden Mining Industry Consultants Inc. The PEA reaffirmed that the Nixon Fork Mine has the potential to generate significant profits with minimum start up capital requirement due to extensive existing infrastructure.