CybeRelease: (OTC: IWNE) to Re-Open the Historic Mayflower Mine
(CybeRelease, October 3, 2006) - Lake Harmony - Irwin Energy (OTC PK: IWNE) today announced that its wholly owned subsidiary, Mayflower Explorations Inc., has retained Tetra Tech, Inc. of Bozeman, Montana to provide Project Management and Technical Consulting services to oversee the reopening, exploration and development of the Mayflower Mine located near Whitehall, Montana.
Surface exploration of potential extensions of the mineralized zones along the Mayflower fault zone will be undertaken beginning in late October and early November of this year using detailed IP and resistively surveys. Initial underground activities at the Mayflower Mine will include electrical and mechanical checks of the substation, hoist, head frame, shaft and compressor and pumping facilities prior to dewatering and as a preliminary to an underground exploration program along the 600 level to commence in early in 2007.
About The Mayflower Mine
The historic Mayflower Mine was discovered in the 1890ís and operated as a high-grade gold and silver producer into the 1900ís. The Anaconda Company operated the Mayflower Mine from 1935 to 1942. Subsequently, it was mined under a lease agreement with Anaconda from 1958-1961. In the mid-1990s Brimstone Mining, Inc. rehabilitated the Mayflower Mine to the 1500 level and explored for and developed additional high-grade underground reserves. Through 1961 the Mayflower Mine has produced over 225,000 ounces of gold and over 875,000 ounces of silver from about 143,700 tons of ore. The average grade of ore produced was about 1.556 ounces of gold per ton and 6.15 ounces of silver per ton. Additional information on the Mayflower Mine can be found at www.brimstonemine.com.
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