China Industrial Group,Inc. Buys Gold Property

China Industrial Group,Inc. has purchased a gold patent located in the Eureka mining district,Animas Forks,San Juan County,Colorado.Other towns in the area include Silverton and Lake,Colorado.The Sunnyside Mine produced 29,000 ounces of gold in 1974.
By: Kurt Borris
 
Dec. 6, 2010 - PRLog -- China Industrial Group,Inc.,listed on the OTC Market and Pink Sheet stock exchanges has obtained a mining patent located in the Eureka mining district,Animas Forks,San Juan County,Colorado.The property is a patent mine which means the company owns the real estate and the minerals.Ore is transported by overhead trams and lowered to a rock crushing mill.Access to the property is the result of the Alpine Loop which is a circular road connecting famous gold mining towns that include Silverton, Ouray and and LakeCity.The Alpine Loop is a total of 66-70 miles.The altitude is the highest in the United States,about 12,500 feet.Mineralization is attributed to volcanic activity which filled fractures to become rock outcroppings.At least a half dozen dormant volcanoes are in the area known as Placer Gulch,California Gulch and Cinnamon Pass.

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hroughout mainland China.The company changed from a supplier of wool to a manufacturer of cashmere sweaters which were targeted for high end retail chains.
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Source:Kurt Borris
Email:***@yahoo.com Email Verified
Zip:94544
Tags:Gold Mine, Alpine Loop, Placer Gulch, San Juan County, Colorado
Industry:Accounting
Location:Hayward - California - United States
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Page Updated Last on: Apr 06, 2011



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