Alaska Apollo retains Kilborn on Alaska bet

Alaska Apollo Gold Mines reports it has retained Kilborn Engineering to review exploration results and ore reserve calculations at its Shumagin property on Unga Island, Alaska.

John Bogert, president of Alaska Apollo, says Kilborn will also evaluate the proposed mining methods, comment on the proposed mining plan for a 200-ton-per-day operation, and provide guidance on federal and state permitting requirements.

The over-all review and evaluation is expected to be finished in November, Mr. Bogert says.

He said the drill program on the property has been completed, and several ore zones delineated. Mr Bogert says the initial 300,000-ton orebody in the West ore zone, expected to be the target of the first production effort, contains more than 150,000 oz gold and 1,100,000 oz silver.

To begin production it’s estimated that less than 200 ft of development work will be needed, he said.