FinancialContent is the trusted provider of stock market information to the media industry.
October 03, 2006 at 07:05 AM EDT
Irwin Energy to Re-Open the Historic Mayflower Mine

Irwin Energy (PINK SHEETS:IWNE) today announced that its wholly owned subsidiary, Mayflower Explorations Inc., has retained Tetra Tech, Inc. of Bozeman, Montana to provide Project Management and Technical Consulting services to oversee the reopening, exploration and development of the Mayflower Mine located near Whitehall, Montana.

Surface exploration of potential extensions of the mineralized zones along the Mayflower fault zone will be undertaken beginning in late October and early November of this year using detailed IP and resistively surveys. Initial underground activities at the Mayflower Mine will include electrical and mechanical checks of the substation, hoist, head frame, shaft and compressor and pumping facilities prior to dewatering and as a preliminary to an underground exploration program along the 600 level to commence in early in 2007.

About The Mayflower Mine

The historic Mayflower Mine was discovered in the 1890s and operated as a high-grade gold and silver producer into the 1900s. The Anaconda Company operated the Mayflower Mine from 1935 to 1942. Subsequently, it was mined under a lease agreement with Anaconda from 1958-1961. In the mid-1990s Brimstone Mining, Inc. rehabilitated the Mayflower Mine to the 1500 level and explored for and developed additional high-grade underground reserves. Through 1961 the Mayflower Mine has produced over 225,000 ounces of gold and over 875,000 ounces of silver from about 143,700 tons of ore. The average grade of ore produced was about 1.556 ounces of gold per ton and 6.15 ounces of silver per ton. Additional information on the Mayflower Mine can be found at

About Irwin Energy

Irwin Energy is a junior resource company based in Vancouver, B.C. Irwin Energy engages in the acquisition, exploration and development of resources properties with the intent to prove up oil and gas reserves and mineral deposits. Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable resource properties where prior exploration has been successful. Irwin Energy plans to grow exclusively through the efficient reinvestment of its internally generated cash flow and through limited external financing, which it plans to utilize to build ancillary businesses

Additional information on Irwin Energy, Inc. and Mayflower Mining Corp. can be found at

Safe Harbour Statement Under the Private Securities Litigation

Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here
Financial Widgets

Display market data, financial news or stock quotes - Learn More

Advertising Network

Advertise on FinancialContent's huge network - Learn More

Web Services

Power your internet and wireless applications - Learn More