Gold Stocks
LAKEWOOD, CO -- (Marketwire) -- 02/09/11 -- Colorado Goldfields Inc. (OTCBB: CGFIA) announced today that the Company is developing a dry stack approach for tailings disposal at its Pride of the West Mill. Although used extensively in other parts of the world, such as Chile, South America, Mexico, and the Middle East, this is an innovative method of tailings disposal for the U.S. and Colorado. Mining operations using dry stacking in the U.S. include: Greens Creek Mine, the Pogo Mine, Nixon's Fork, and the Kennings ton mine all located in Alaska, TVX Gold located in Montana, JR Simplot Co. in Idaho, and Mineral Ridge located in Nevada.
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