Buchans Minerals Corporation (TSX-V: BMC)
Basic Shares 112.1 million
Fully Diluted 121.1 million
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See full news release here........
Basic Shares 112.1 million
Fully Diluted 121.1 million
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Buchans Minerals has hired Wardrop, a top engineering firm to complete a preliminary mine plan for two of its advanced properties in Newfoundland.
Lundberg and Engine House are 100% owned by Buchans and both have NI-43-101 compliant resources. Bench scale metallurgical testing is currently ongoing through September and Buchans may proceed towards getting Preliminary Economic Assessment (PEA) status if the evaluation warrants such an assessment. Both open pit and underground mining methods will be considered.
Warren MacLeod, President and CEO of Buchans Minerals stated that "Both the preliminary mining plan and the metallurgical tests are important building blocks towards determining the economic potential of the Lundberg and Engine House resources and we look forward to reviewing their outcome."
Wardrop, A Tetra Tech Company is a multi-disciplined engineering and consulting firm that provides innovative solutions for the natural resource management, energy, and infrastructure markets globally. Wardrop is a subsidiary of Tetra Tech (NASDAQ: TTEK), a leading provider of consulting, engineering, program management, construction and technical services. The combined companies have more than 10,000 employees worldwide and capabilities that span the entire project lifecycle.
See full news release here........
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