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African Queen Mines starts placer mining operations at Yellowjacket gold project

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African Queen Mines starts placer mining operations at Yellowjacket gold project

African QueenMines Ltd. said July 6 that it has started placer mining operationson its Yellowjacketgold project in British Columbia.

Operations are carried out on an area of about 39.46hectares and are being conducted by Matt Norris under a five-year placermining agreement,which provides for successive one-year lease renewals and a 10% gross royaltypayable to the company on all production.

CEO Irwin Olian said the program is looking to identify newzones of dilation with potential to host commercially viable hard-rock deposits.