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(SD)-Exploratory Gold Drilling To Resumed In Black Hills

By: John Axtell Posted at: 09/26/2019 04:19 PM
RAPID CITY, S.D. (AP) -  A Canadian company says it has secured the funding and land holdings it needs to resume drilling for gold in the Black Hills of South Dakota.
 
     Mineral Mountain Resources drilled 9 holes east of Rochford last year to obtain core samples before suspending operation, but notified the South Dakota Dept of Environment and Natural Resources on Monday that it may restart drilling as early as this week.
 
     The state has already approved 111 more holes at 10 drilling sites on private land in the Standby Mine area.
 
      The company announced last week that land purchased from G&D Gold Mining solidified holdings worth $500,000 for the project while investors pooled about $1.61-million dollars to fund the exploratory drilling.

 


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