WallSt.net Airing All-New, Exclusive Interview With Fred Brackebusch, CEO and CFO of New Jersey Mining Co.
10 Mai 2005 - 2:00PM
PR Newswire (US)
WallSt.net Airing All-New, Exclusive Interview With Fred
Brackebusch, CEO and CFO of New Jersey Mining Co. NEW YORK, May 10
/PRNewswire-FirstCall/ -- Fred Brackebusch, CEO and CFO for New
Jersey Mining Co. (OTC:NJMC) (BULLETIN BOARD: NJMC) recently
granted Wall Street Network an all-new, exclusive audio interview
profiling the company. In the interview, Brackebusch detailed the
company's three working interest properties in the well known, and
highly prolific Coeur D'Alene mining district of Northern Idaho.
"We're an advanced gold and silver exploration company," said
Brackebusch. "In fact, we've started production of gold and silver
concentrates with our mineral processing plant. Our company has
been in business for about ten years." Brackebusch also discussed
the company's recent results from its Golden Chest working interest
property, where NJMC has "driven a ramp down to a drill hole
intercept that was drilled by Newmont Mining Corp.," he said. "And
of course there was a high gold assay there, and we found the vein
they discovered, drifted on it, and we have developed resources and
reserves, and we've started milling those." According to
Brackebusch, the company will commence mining the ore body in May
"so that we can generate revenue and margin, which we'll use for
exploration." Brackebusch urged investors to keep an eye on the
company's progress and ability to generate revenue at Golden Chest,
and at its Silver Strand mine, in the Panhandle National Forest,
where New Jersey Mining was recently granted a favorable decision
notice and finding of no significant impact from the U.S. Forest
Service. "We work in an area of prolific mineralization, and we
hope to take advantage of higher gold and silver prices, which we
expect," Brackebusch said. "So we're poised for rapid growth, and
we've achieved production, and we have several advanced-stage
exploration projects." About New Jersey Mining Co. New Jersey
Mining Company is involved in exploring for and developing gold,
silver and base metal ore resources in the Coeur d'Alene Mining
District of northern Idaho. The Company has a portfolio of mineral
properties in the Coeur d'Alene Mining District including the New
Jersey mine, the Silver Strand mine, the Golden Chest mine, the
CAMP project, the Scotch Thistle project, and the Silver Button
project. About Wall Street Network Wall Street Network is owned and
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subscription to its members. Digital Wall Street, Inc. has received
one thousand dollars from New Jersey Mining Co. for press release
dissemination services. For a complete list of our business
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Nick Iyer Digital Wall Street, Inc. 800 4 WALL ST DATASOURCE: Wall
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