AIVN Update
17 Agosto 2012 - 12:18PM
Marketwired
American International Ventures, Inc. (OTCBB: AIVN) (OTCQB: AIVN)
announced today its pilot program geared at establishing the
feasibility of a 250 ton per hour commercial mining operation at
the Nick Mine is underway. Tucker White, President of AIVN, stated:
"We are getting good placer gold recovery at over 18ft in depth and
plan to run 80 yards a day for the next ten days, equaling 1000
tons. We are expecting to recover + or - 2 grams per ton." Mr.
White also pumped the watered lower adit during setup and will take
ore samples today using Skyray's XRF spectrometer, calibrated
specifically for Au, Ag, and Cu analysis and assay values on site.
AIVN's Advantage
The use of dispersive x-ray fluorescent spectrometers by AIVN's
geology staff has enabled the AIVN staff to locate and quickly
determine the inferred value of an existing historical mine,
quickly and far more efficiently than older, time consuming, labor
intensive assay methods, where large amounts of ore samplings are
required on site. For more information on our EDX Pocket III
spectrometer, click below.
http://www.skyrayinstrument.com/PDF/PDF_Products/Pocket-III-Mineral-Brochure.pdf
AIVN proudly holds itself out as an industry leader when it
comes to identifying the best past producing mines containing large
undisturbed mineral deposits of precious metals insitu; ready to
re-activate as a commercial mine since being closed by the War Act
in 1942. AIVN's collection of past proven producers found in Nevada
have established its ability to identify and transform these
historic mining gems into fully modern commercial mining
operations; able to produce 2500 + tons per day with decent gold
recovery values.
At present, AIVN has a robust collection of mines to develop 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, and the Rabbit
Hole and Placeritas mines in Imlay, NV.
AIVN continues to acquire mines in Nevada. Recently, AIVN
acquired the American Metallic mine in Goldfield and the North Star
mine in Tonopah, Nevada.
The company has taken an option to purchase the Nick Mine in
Imlay, and given options to purchase on its Bruner Mine in Nye
County, and its Gypsy and Hot Springs Mines in Douglas County,
NV.
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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