Operations at the mine have been suspended since June 2010 and the company will initially focus on evaluating the underground conditions and mine facilities to develop an operations plan that will allow to recommence production soon.
According to the company, production operations will be phased-in as management retrains employees and develops sufficient mining areas to allow proper sequencing of underground mining activity as the mine ramps up to full scale production.
Concurrent with ramping up operational activities, Gammon will resume exploration activities to follow-up on the Dolores-Capulin discoveries made at El Cubo in 2009 and 2010, and advance efforts to convert the resource into proven and probable reserve categories.
Gammon Gold is a mid-tier gold and silver producer with properties in Mexico.
