St Andrew Goldfields Ltd. (T-SAS), ("SAS" or the "Company") advises that repair work to the Holt Mine shaft has been completed and normal operations have resumed as of December 8, 2010.
As announced on November 29, 2010, a significant shaft incident at the Holt Mine caused damage to the shaft structure. As a result, development work was suspended in order to carry out the necessary repairs. The crews completed the shaft repair work and pre-production activities have now recommenced.
SAS (operating as "SAS Goldmines"), is a gold mining and exploration company with an extensive land package in the Timmins mining district, northeastern Ontario, which lies within the Abitibi greenstone belt, the most important host of historical gold production in Canada. SAS is focussed on developing its assets in the Timmins Camp which includes current and near-term gold production, and exploration activities.
For further information about St Andrew Goldfields Ltd., please contact:
Tel: 1-800-463-5139 or (416) 815-9855; Fax: (416) 815-9437; Website: www.sasgoldmines.com
Suzette N Ramcharan
Manager, Investor Relations
President & CEO
CFO, VP Finance & Administration
Full Release attached in PDF:
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