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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Golden Sunset Trail Inc. (Tier2) | TSXV:GST | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
GOLDEN SUNSET TRAIL INC. ("Golden Sunset" or the "Corporation") (TSX VENTURE:GST) is pleased to announce that its subsidiary, Brimstone Mining, Inc. ("Brimstone"), has executed a Master Services Agreement with TetraTech, Inc. ("TetraTech") to provide Project Management Services for the 'Mayflower Project', located near Whitehall, Montana USA. TetraTech will provide Project Management Services at the Mayflower Mine to supervise and manage the reopening, exploration, and development of the Mayflower Mine. The initial tasks under the Master Services Agreement include supervise and manage the project start-up tasks including the selection of a General Mine Manager and a Mining Engineer; implementation of additional mining leases; reconstruction of access road; implementation of water quality sampling protocols and the completion of the geophysical exploration program. These tasks conform to the 'Work Program Phase 1', as identified in the Corporation's Filing Statement and Technical Report. The Project Manager assigned by TetraTech for the Mayflower Project will be Mr. Allan Kirk, one of the co-authors of the Corporation's Technical Report (the "NI43101"). Golden Sunset previously announced in its press release dated December 13, 2007, the indirect acquisition of all of the issued and outstanding securities of Brimstone. The acquisition of Brimstone constituted the "Qualifying Transaction" of Golden Sunset, as defined by Policy 2.4 of the TSX Venture Exchange Inc. Brimstone has two subsidiaries with a 98.8% equity interest in Mayflower Mining Corporation and a 96.8% equity interest in West Mayflower Mining Corporation. Collectively, these historically operated mining facilities are referred to as the 'Mayflower Project' or the 'Mayflower Mine'. During the period from 1996 to 1999, Brimstone expended approximately US$4.9 million on mine rehabilitation, development work, equipment and on exploration drilling. The Mayflower Mine was mothballed in late 1999. For further information please refer to the Corporation's Filing Statement dated November 23, 2007 and to the NI43101, both available on SEDAR at www.sedar.com. TetraTech, Inc. provides consulting, engineering, construction, and technical services for resource management and infrastructure in the United States and internationally. Its services include research and development, applied science and technology, engineering design, program management, construction management, construction, and operations and maintenance.
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