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I ,~ <br />OS-::~-?y ~7i:ilFri =03~3?5-10-•.G ralydED <br />San Ju~i County Mining ~nture <br />Sunnyside Mine <br />Washington Mining Co. -Operator <br />P,O.Box 177 <br />Silv~rt,,+ypy~n,__ CO 81433 <br />(Ph. 303.38?•1s733 FAX 387.9310) <br />~'OR IMMEDIATE RELEa6E <br />Silverton, Colorado <br />~~ <br />Ill IIIIIIIIIIIII Ill <br />May 24, 1.991 <br />Mr. William 8. Goodhard, resident manager of waahington <br />Mining Company, operator oP the San Juan County Mining Vsriture~s <br />Sunnyside gold mine at Silverton, Colorado announced today that <br />the company plans to lay off 137 of ita 148 sunnysid~e Mine <br />employees cammencinq about July 24, 1991. <br />Mr. Goodhard oxplained that this action vas tho result oP <br />decreasing ore reserves and a depressed gold and base metal <br />market causing the operation to no longer bo profitablo. He <br />added that the company does plan to retain a small craw at the <br />present to do miner maintenance, to continue oxploration <br />activities and to continue with interim reclamation in tt~e hope <br />that conditions might improve sufficiently to permit resumption <br />oP operations at some time in the tuture. <br /> <br />_„~ <br />_.. ... .._ . _. _._..._ _ .. ........ ........ . -..._-~ ..z° <br />