Colorado Division of Reclamation, Mining and Safety Funds Portal Discharge Structure for Colorado Goldfields, Inc.admin
Colorado Goldfields, Inc. announces that as part of its collaborative teaming arrangement with the Colorado Division of Reclamation, Mining and Safety, Maisel Excavation of Silverton, Colorado has completed the installation of a permanent portal-discharge diversion structure at the Gold King Level 7 Portal. Design, construction, and materials were funded by the Colorado Division of Reclamation, Mining and Safety.
This structure will convey water discharge from the “Lu Adit” from the mine to an adjacent stable rock slope on the east edge of the discharge mound. This significant site improvement will enhance Colorado Goldfields’ ability to accurately monitor water quality and flow; benefiting overall site conditions and safety.
“This project, along with the financial participation of the Division of Reclamation, Mining and Safety is another example of Colorado Goldfields’ recognized commitment to environmentally responsible mining,” said Debbie Cokes, Environmental Affairs Manager for Colorado Goldfields.
Colorado Goldfields, Inc., http://www.cologold.com, is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discovery. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.