AIVN Nevada Mines Update
21 Agosto 2012 - 8:15AM
Marketwired
American International Ventures, Inc. (OTCBB: AIVN) (OTCQB: AIVN)
is continuing the development and construction of its offices,
camp, and plant installation at its 704 patented acre Golden Eagle
Mine extensions. AIVN recently hired AMEC to obtain its water
pollution permits from the State of Nevada, consistent with its
plans to operate a full scale mining operation at the site capable
of producing 250 tons per hour.
Tucker White, President of AIVN stated: "We have tons of work to
do just developing and constructing our Golden Eagle site before
mining can begin. We have taken delivery so far of our Cedar Rapids
crusher, Power Screen grizzly and trommel, John Deere dozer, Cat
345BL excavator, two 4000 gallon water trucks, dump trucks, Cat 953
crawler excavator/loader, Cat 988 rubber tire loader, 12 x 60
office trailer, 2800 gallon fuel tanker, utility truck, generators
and miscellaneous trucks and heavy equipment trailers
notwithstanding, more equipment has been purchased and is expected
to be delivered by the end of the month."
AIVN plans at the Golden Eagle also include a lab for
metallurgical testing. Brandon Nash, B.SC in Geology, CEO of AIVN,
stated: "The prospects at our patented property are enormous with
our new development plan designed to coincide perfectly with our
State of Nevada permitting process over the next six months."
Further, AIVN has decided to forgo future testing at the Nick
Mine, previously announced last Friday, without securing the
financing necessary to purchase Natchez Pass LLC for $7,000,000.00,
in cash and stock. AIVN plans to continue its best efforts to
secure the financing, but there can be no assurance AIVN will be
able to finance the non-operating Nick Mine.
At present, AIVN has a robust collection of mines in various
stages of development in Nevada. Golden Eagle
Mines in Winnemucca, the Beatty Bullfrog
Mines in Beatty, El Tule Canyon mines, the
Stud and TNT mines
located with the Capatola and Indian Mines in Hawthorne, the Rabbit
Hole Mine and Placeritas in Imlay, the newest additions to its
collection are the American Metallic Mine in
Goldfield and the North Star Mine in Tonopah,
Nevada. AIVN's other mines are the Bruner, in Nye County optioned
to Patriot Gold until 2016, in addition to the Gypsy and Hot
Springs, in Douglas County optioned to SWT Gold until 2014. AIVN
recently paid all the property taxes on its patented claims and
assessment fees to the BLM on its unpatented claims for 2013.
Cautionary Note Regarding Forward-Looking Statements and
Information concerning mineral resources. This press release
contains forward-looking statements and forward-looking information
(collectively, "forward-looking statements") within the meaning of
applicable Canadian and US securities legislation. All statements,
other than statements of historical fact, included herein
including, without limitation, statements regarding the anticipated
content, commencement and cost of mining programs, anticipated
exploration and metallurgical test program results, the discovery
and delineation of mineral deposits/resources/reserves, the
potential for any mining or production at Golden Eagle Mineral are
to be considered forward-looking statements. Except as required by
the Federal Securities law, AIVN does not undertake any obligation
to revise or update any forward-looking statements contained herein
after the date hereof.
AIVN Contact: Jack Wagenti Chairman Phone: 813-260-2866 E-mail:
Email Contact Website: http://www.aivn.co IR/Princeton Research
Michael King Phone: 702-650-3000 E-mail: Email Contact Website:
www.princetonresearch.com
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