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Colorado Goldfields Closer To Reactivating Mill

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(credit: cologold.com)

(credit: cologold.com)

DENVER (AP) – Colorado Goldfields Inc. says it’s getting closer to reactivating the Pride of the West mill near Silverton in southwest Colorado.

The company says the Colorado Division of Reclamation, Mining and Safety has received its application for a permit amendment so it can place the mill into active production status. It says the division is scheduled to make a decision on it May 1.

Chief Financial Officer Stephen Guyer said Tuesday the company is “literally knocking on the door of operations.”

The company bought the mill in San Juan County in 2007 from Tusco Inc. Colorado Goldfields is trying to reactivate the mill to produce primarily gold, silver, copper, lead and zinc.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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