St. Eugene Mining Corporation Ltd.

St. Eugene Mining Corporation Ltd.

February 05, 2010 09:29 ET

St. Eugene Mining Corporation Announces Commencement of Activities at the Tartan Lake Gold Mine

TORONTO, ONTARIO--(Marketwire - Feb. 5, 2010) - St. Eugene Mining Corporation Ltd. (TSX VENTURE:SEM) ("St. Eugene" or the "Company") announces that it has commenced initial activities on its 100% owned Tartan Lake gold mining project located in the Flin Flon greenstone belt of Manitoba. A mining engineer and a geologist have been retained to compile and digitize all available technical data, in order to better assess the development plan for the mine. The Tartan Lake gold mining property was in production between 1987 and 1989, and management of St. Eugene has allocated $400,000 in an initial budget designed specifically to evaluate the potential for mining operations and a resource estimate.

The Tartan Lake mining project consists of a 440 mt/day gold concentrator, largely intact, related infrastructure, and a 1,000 foot decline access to developed mining blocks. The property is road accessible from the nearby mining town of Flin Flon and is hydro connected. The property provides the Company with the potential to identify additional ore and to expand on the historic gold production from a number of gold zones adjacent to the mine and from the Amisk Lake property.

Contact Information