GoldSands Development Company (GSDC) Announces Completion of Initial Test Mining Program on Mika 2
On Tuesday, GoldSands Development Company announced completion of the initial test mining program on the Company's Mika 2 mining concession in Peru. The grades are consistently higher than predicted by their 2009-2010 Phase I and II drill-hole program results from Mika 2. GoldSands final results from the current Mika 2 test gold production program conducted with Swiss Mining S.A. for the period March 28 to July 10, 2011 are: Gravel mined: 7920 m3 (10,359 cubic yards); Raw gold produced: 2445 grams (2.445 kg) (78.6 troy oz.), and Raw gold grade: 309 mg/m3 (4.76 grains/cubic yard). Final results also include Raw…