Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Moss Mine Gold-Silver Project On-Track For Production; Resource Estimate Update

LAS VEGAS, Feb. 20, 2013 /PRNewswire/ -- Patriot Gold Corp. (OTC: PGOL) ("Patriot Gold" or "the Company"), a US based gold resource and exploration company, is pleased to update its shareholders on the progress at its 100% owned Moss Gold-Silver project in the historic and active Oatman mining district near Bullhead City, Arizona.

The previously announced three-phase mine development plan continues to advance as planned.  "Our team visited the Moss project on February 6, and are very pleased with the progress being made," stated Robert Coale, President of Patriot Gold.  "The systematic infill drilling and bulk sampling for ongoing reserve calculations and metallurgical testing are proceeding well. The initial permitting and construction efforts indicate the project is on track for pilot scale production to begin at Moss in the second quarter of this year. We are enthusiastic for this rapid development to reach production of gold and silver and we are pleased that shareholder value is being enhanced."

The Preliminary Economic Assessment (PEA) is on schedule for release in March and will provide the technical framework for the Phase I and Phase II production plans now moving forward in a parallel process. Construction and permitting processes are ongoing simultaneously with infill core and auger drilling of the outcropping ore to be mined during Phase I production which is scheduled to commence in Q2 2013. 

Three-Phase Mine Development Plan

The three-phase mine development plan is designed to move the project forward from conceptual design and laboratory test work to on-site pilot plant testing (Phase I) and then to commercial operations (Phase II) and is on track. Phase II commercial production is scheduled to commence operations in Q2 2014 at a rate of 5,000 tonnes per day (tpd) in an open pit, heap leach operation.

Phase III is scheduled to commence operations in Q4 2017 at 10,000 tpd and will rely on the ongoing exploration and definition drilling programs that are adding to the established resource and upgrading the resource to mineable ore reserves in conjunction with the bankable feasibility study. This phased approach allows for a low initial capital expenditures and shorter lead times in reaching these production levels. The natural attributes of the Moss deposit can be capitalized upon, hereby reducing development risk and capital risk.

Further to this, the Company been advised by its project partner (the "Earn-in Optionee/Operator") that an error in its consultant's software program resulted in a miscalculation of a portion of its stated resource estimate.  A new resource estimate is being recalculated and is expected to be released next month.  This does not affect Phases I or II, and mine development is proceeding as planned.  The project partner has also advised Patriot Gold that the mineralization remains open on-strike and at-depth.  The Company and its project partner expect further drilling will continue to expand the resource.

Patriot Gold is the 100% owner in the historic Moss Gold-Silver property located in Mohave County, Arizona, which is subject to certain royalties and an earn-in option agreement for 70% interest. The earn-in optionee/operator has the right to earn a 70% interest in the project by completing an $8.5 million investment and a bankable feasibility study. Subsequent to the optionee/operator earn-in, financing of the project will be on a proportional basis.

About Patriot Gold

Patriot Gold Corp. is a resource exploration company with the mission to discover and develop significant gold and silver assets. Headquartered in Las Vegas, Nevada, Patriot Gold currently holds a portfolio of properties that include its flagship Moss project in Arizona and two projects in Nevada (Bruner and Vernal), each at varying stages of development from grassroots to advanced exploration and resource development. For more information, go to our website at www.patriotgoldcorp.com.

Disclaimer: This announcement may contain forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in the company's filings with the Securities and Exchange Commission, and may be accessed through the SEC's web site at http://www.sec.gov.

Investors:
Patriot Gold
702-456-9565

SOURCE Patriot Gold Corp.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
Every day and every second, the system administrator gets tones of information on the network operation, network devices’ operation, and messages from users; he sets dozens of challenges, which must help to avoid the existing and possible problems in the future. Often, it is rather dif...
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is ob...
With the increasing complexity of software, organizations are more cognizant than ever about the potential pitfalls of including open source code in their products. Below are some quick tips to continue leveraging open source code, while keeping your manager and legal department happy.
The industry is heated with debates on whether adopting private or public cloud is the smartest, best, cheapest, you name it choice. But this debate is missing the mark. Businesses shouldn’t be discussing public vs. private, but rather how can they make the two work together to their g...
In his session at 15th Cloud Expo, Mark Hinkle, Senior Director, Open Source Solutions at Citrix Systems Inc., will provide overview of the open source software that can be used to deploy and manage a cloud computing environment. He will include information on storage, networking(e.g.,...
The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed way, gaining only sub optimal benefi...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE