International Minerals Company (International Minerals) in May 2006 completed a $ 82.8 million of public funds raised, of which $ 78.8 million for mine development and infrastructure. It is expected to be put into operation in the fourth quarter of 2007, with an annual output of 66,000 ounces of gold and 410,000 ounces of silver . The mine is mined in an open-air tunnel. The ore reserves/resources are 2,116,600 tons, and the average grade is 9.69 g/t for gold and 68.26 g/t for silver. The mine life is expected to be 7 years. The International Minerals Company owns 100% of the shares. (Source: Resource Network)
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