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Fire River Gold Corp. Receives $1,020,375 2nd Concentrate Payment from Glencore International PLC
Fire River Gold Corp. Receives 2nd Concentrate Payment
VANCOUVER, Oct. 28, 2011 /PRNewswire/ - Fire River Gold Corp. and Mystery Creek Resources Inc. (TSX.V: FAU), (OTCQX: FVGCF), (FSE: FWR) (collectively "the Company") is pleased to announce that it has received an advance payment of $1,020,375 from Glencore International PLC for the second shipment of gold-rich copper concentrate from the Nixon Fork Mine.
This payment is a provisional advance for the 24 bags comprising 21.2 dmt (dry metric tonnes) of gold-rich copper concentrate. The bags are palletized and flown from the Nixon Fork Mine aboard a Hercules L382G airplane. Shipping lots of 24 bags are assembled in Anchorage at Lynden Air Cargo's facility and barged in secure 40 ft. containers to Seattle for ocean transport to the PASAR smelter in Isabel, Philippines.
On behalf of the Board of Directors,
President & C.O.O.
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek safe harbour.
SOURCE Fire River Gold Corp.
Source: PR Newswire (October 28, 2011 - 11:00 AM EDT)