TORONTO, Feb. 27, 2012 /CNW/ - St Andrew Goldfields Ltd. (T-SAS), ("SAS" or the "Company") advises that repair work to the Holt Mine shaft has been completed and normal operations have resumed as of Saturday, February, 25, 2012, at 7:00am EDT.
As announced on Tuesday, February, 21, 2012, a shaft incident at the Holt Mine caused damage to the shaft structure. As a result, operations were suspended in order to carry out the necessary repairs. The crews completed the shaft repair work and production activities recommenced on Saturday, February 25, 2012.
SAS (operating as "SAS Goldmines") is a gold mining and exploration company with an extensive land package in the Timmins mining district, northeastern Ontario which lies within the Abitibi greenstone belt, the most important host of historical gold production in Canada. SAS is focussed on developing its assets in the Timmins Camp with three producing mines and aggressive exploration activities across 120km of land straddling the Porcupine-Destor Fault Zone.
For further information:
about St Andrew Goldfields Ltd., please contact:
Tel: 1-800-463-5139 or (416) 815-9855; Fax: (416) 815-9437; Website: www.sasgoldmines.com
CFO, VP Finance & Administration