Amador County – Sutter Gold Mine Company (SGM) recently opened a public office in downtown Sutter Creek, while at the same time continuing the process of converting its Sutter Creek-based tourist facility back into a working gold mine. The idea for the off-site office came from Mine Manager Stacy Rhoades, who says he saw an increasing need for “a suitable working area for our expanding mine staff.” Although the company is permitted to build an on-site office, he said the downtown location will better suit the need for more space. “We are excited to be joining the distinguished local vendors in downtown Sutter Creek,” said Holly Boitano, Health Safety and Environmental Coordinator. “At some point after we begin our operations, we will also be looking into establishing point of sale offices for mining supplies, which would be a source of sales tax revenue for the city.” Boitano said it’s also a good way to establish a presence in the local community. The building in which the office is housed has a history of businesses related to mining operations. The original store and adjoining residence were established in 1869 by Carlos Soracco, whose son Frank operated a mining supply store. Decades later, Boitano’s grandfather Maurice, along with business partner John Fereccio, rented the space for a grocery store and hardware store selling mining supplies. Rhoades said the office is “technically open” now, but he plans on holding an official open house within the next month. SGM controls over three miles of Mother Lode property, 90 percent of which has yet to be explored. The current resource estimate for the Sutter Gold Project indicates that a collective 700,000 ounces of gold could possibly be extracted from this area. The Colorado-based incorporation is a self-described “junior gold exploration and development company” currently focusing its efforts on the Sutter Creek area project, also known as the Lincoln Project, named after the original Lincoln Mine from which prospector Leland Stanford made his fortune. Most of the potential gold extraction exists along the Melones Fault in the eastern portion of SGM’s property and mineral holdings. Story by Alex Lane This email address is being protected from spambots. You need JavaScript enabled to view it.
Thursday, 27 May 2010 06:05
Sutter Gold Opens Office in Sutter Creek
Amador County – Sutter Gold Mine Company (SGM) recently opened a public office in downtown Sutter Creek, while at the same time continuing the process of converting its Sutter Creek-based tourist facility back into a working gold mine. The idea for the off-site office came from Mine Manager Stacy Rhoades, who says he saw an increasing need for “a suitable working area for our expanding mine staff.” Although the company is permitted to build an on-site office, he said the downtown location will better suit the need for more space. “We are excited to be joining the distinguished local vendors in downtown Sutter Creek,” said Holly Boitano, Health Safety and Environmental Coordinator. “At some point after we begin our operations, we will also be looking into establishing point of sale offices for mining supplies, which would be a source of sales tax revenue for the city.” Boitano said it’s also a good way to establish a presence in the local community. The building in which the office is housed has a history of businesses related to mining operations. The original store and adjoining residence were established in 1869 by Carlos Soracco, whose son Frank operated a mining supply store. Decades later, Boitano’s grandfather Maurice, along with business partner John Fereccio, rented the space for a grocery store and hardware store selling mining supplies. Rhoades said the office is “technically open” now, but he plans on holding an official open house within the next month. SGM controls over three miles of Mother Lode property, 90 percent of which has yet to be explored. The current resource estimate for the Sutter Gold Project indicates that a collective 700,000 ounces of gold could possibly be extracted from this area. The Colorado-based incorporation is a self-described “junior gold exploration and development company” currently focusing its efforts on the Sutter Creek area project, also known as the Lincoln Project, named after the original Lincoln Mine from which prospector Leland Stanford made his fortune. Most of the potential gold extraction exists along the Melones Fault in the eastern portion of SGM’s property and mineral holdings. Story by Alex Lane This email address is being protected from spambots. You need JavaScript enabled to view it.Latest from
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