SAVOY, S.D. (AP) - A state official says an existing gold mine
site near Spearfish Canyon could become fully operational.
Mike Cepak of DENR's Minerals and Mining Department says that
preliminary discussions have begun with the Valentine Mining Company
to investigate the Ragged Top Project site.
It would be a surface mining operation, expected to run for
several years and produce about 20,000 ounces of gold per year.
Ragged Top's permit was approved by state regulators in 1984 for
the Homestake Mining Company. But just relic mining - not modern
mining - has been done within its boundaries.
The permit has changed hands several times, but Valentine is
looking to attain a new one because the proposed mine boundaries
are larger than the 122 acres allowed.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
AP-NY-12-06-11 0516EST
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