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Market: TSX-V
Sector: General Mining
EPIC: AOX
Latest Price: C$0.25  (0,00%)
52-week High: C$0.66
52-week Low: C$0.25
Market Cap: C$27.61M
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Andover Ventures Inc.
www.andoverventures.com

Andover Ventures is a precious and base metal exploration and development company, headquartered in Vancouver, British Columbia, Canada, with world class properties located in the historic Tintic Mining District, Utah, USA and the Polymetallic rich Ambler Mining District, located in Alaska, USA.

 

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Andover receives final report for Trixie Gold Mine, recommends to restart production

27th Jan 2011, 9:42 am


Vancouver-based Andover Ventures (AOX-TSX: V) (AOVTF) (R2X:FSX) said Wednesday it has received a final report on its Trixie Gold Mine complex in the East Tintic district of Utah, which recommends the company restart production at the site.

The study, completed by Alastair H. Summers, B.A. Sc., P. Eng., P. Geol, focused on rehabilitating the Trixie mine and using the associated Burgin Mill for production in 2011.

Andover said it is currently working to hire mine and mill managers to move the Trixie mine back into production this year. Initial ouput is anticipated from material stockpiled on surface, while at the same time, the company plans to rehabilitate the Trixie Mine for future underground production.

Aside from the Utah project, Andover has holdings in the polymetallic rich Ambler Mining District, located in Alaska. The company rose 1.6% on Wednesday as of 1:45pm EST, to trade at $0.62.

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