Caladay Property
The Caladay property adjoins the Galena Mine. Prior to its acquisition by Coeur in 1991, approximately $32.5 million was expended on the property to construct surface facilities, a 5,101 ft (1,555 m). deep shaft and associated underground workings to explore the property. Similar geologic conditions which exist at the Galena mine extend into Caladay below the level of the current workings. The facilities are used to benefit the Galena Mine operations by providing additional ventilation.
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Famous quotes containing the word property:
“When a strong man, fully armed, guards his castle, his property is safe. But when one stronger than he attacks him and overpowers him, he takes away his armor in which he trusted and divides his plunder.”
—Bible: New Testament, Luke 11:21.22.