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Prize Mining - PRZ



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By snoopee

Posted: Wednesday Jul 12 5:54:47PM 2006

Bottomed and turning. Charts look great. Should be intersting months ahead with such a thin float. snoopee

By digger

Posted: Tuesday Jun 27 7:14:52PM 2006

Prize also released some news this evening. The scoping study seems to be progressing well. Three more holes are planned for the high grade zone, which hopefully will give some "pop" to the share price over the summer. Prize to collect Yellowjacket bulk sample from micropit 2006-06-27 18:18 ET - News Release Mr. Harry McGucken reports SCOPING STUDY AND BULK SAMPLING UPDATE Prize Mining Corp. has updated on the progress of its spring/summer 2006 scoping study and bulk sampling program on the Yellowjacket zone of its Atlin gold property, located in northwestern British Columbia. Yellowjacket zone development project Completion of the scoping study by BGC Engineering Inc. is scheduled for July, 2006 (see news in Stockwatch dated May 2, 2006). A maximum 10,000-tonne bulk sample will be collected from a surface micropit and processed as part of the scoping study recommendations. Hydrogeologic field investigation Hydrogeological fieldwork is now complete and assessment continues to provide dewatering options and costs for the micropit excavation and construction. BGC has also completed an initial evaluation of the requirements for diversion of Pine Creek, which must be implemented prior to commencement of the pit excavation. Environmental and permitting Exploration permitting requirements for the bulk sampling program have been assessed and all applications are now in progress. Development and initiation of a baseline water quality program for Pine Creek has been completed by Lorax Environmental. The Atlin Tlingit Development Corporation (ATDC) is providing the environmental, technical and field services. Drill core samples from the Yellowjacket zone have been submitted to Canadian Environmental and Metallurgical Inc. for metal leaching and acid rock drainage potential studies. Pit design A preliminary pit design and sample processing document has been received by BGC from its subsidiary partner for this project, Snowden Mining Industry Consultants Ltd. This report will also be incorporated into the larger scoping study report and will be used during the bulk sampling program. Metallurgical studies Diamond drilling of HQ-sized drill core in three holes will commence immediately in the vicinity of the planned micropit. Drill core samples from these holes will be used to complete the necessary metallurgical tests required prior to setting up processing facilities.

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