MILE-HIGH MINER

Chronicling the rebirth of precious metals mining in Colorado

Thursday, August 30, 2012

Colorado Goldfields launches Pride of the West Gold Mill reactivation work plan




LAKEWOOD, CO, Aug 29, 2012 (MARKETWIRE via COMTEX) -- Colorado Goldfields Inc. (otcqb:CGFIA) (pinksheets:CGFIA) announces that Phase I of the re-activation process of the Pride of the West Gold Mill has commenced.

The Pride of the West Mill, near Silverton, Colorado is located within the famous "San Juan Triangle" mining center of southwestern Colorado, which also includes the historic mining towns of Telluride and Ouray, and encompasses one of the most richly mineralized areas of North America. The mill has the capability to process five metals: gold, silver, copper, lead, and zinc.

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Wednesday, August 29, 2012

Mining lives on outside Cripple Creek

Thanks to gold, Colorado Springs became a rip-roaring boom town. Following the discovery of gold near Cripple Creek in 1891, Gen. William Palmer’s quiet resort changed overnight. But it wasn’t overrun by major companies or sophisticated capitalists.

Much of the money flowed to Colorado Springs, the financial center of America's gold-mining industry. In 1900, more than 400 mining companies were headquartered here, and business boomed, with bank deposits increasing by 500 percent from 1894 to ...

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