High River Gold announces first gold pour at Berezitovy
Thursday, August 9th, 2007
High River Gold Mines Ltd. is pleased to announce that the first gold pour occurred at the Berezitovy Gold Mine on August 7, 2007. Attending the first gold pour was the Acting Head of the Department of Natural Resources and Mining of the Amur Region of Russia, Mr. Gennady Nosovtseff. The hot gold bar was quenched in champagne to cool it, a Russian custom signifying good luck.
Gold was produced out of the gravity circuit. Commercial Production, defined as 30 consecutive days of operation at 60% of planned capacity or better, is scheduled to be achieved during the fourth quarter of 2007. Gold production for the first 12 months is expected to exceed 100,000 ounces of gold. Mining of the open pit is well underway with over 120,000 tonnes (one monthâ€™s supply) of ore stockpiled.
In commenting on this landmark occasion, Daniel Vanin, Executive Vice-President and Chief Operating Officer, stated: â€œThe operating and management team at Berezitovy are to be commended for an excellent mine construction and successful mine start-up. We look forward to ramping up to full production levels. This mine is a significant accomplishment for High River and the Amur Region, and I would like to take this opportunity to thank the Berezitovy management and construction teams, together with the Russian contractors assisting in the mine construction, for their hard work, as well as the Government of the Amur Region, and the Federal Government of Russia for their support in helping make the Berezitovy Gold Mine a success.â€