SitNews - Stories in the News - Ketchikan, Alaska

Salvage operations ready to begin recovery of cable


August 08, 2011

(SitNews) Ketchikan, Alaska – The Mexus Gold US tug, "Caleb" has now arrived in Ketchikan, Alaska ready to commence salvage operations for the recovery of cable, which contains a significant amount of copper.

jpg Salvage operations ready to begin recovery of cable

Mexus Gold tug & barge in Alaska
Photo courtesy Mexus Gold

Bryan Farcey, Captain of the Caleb, said the voyage from the tug's home port in Washington to Ketchikan went well and salvage operations are expected to begin this week. The tug brought along a barge with onboard cable salvage equipment and a resonance vessel with associated equipment. The resonance vessel and associated equipment will be off loaded and travel further north to begin surveys in areas of known interest while the tug and ancillary equipment will begin salvage operations nearby.

Mexus Gold US, President, Paul Thompson stated, "It has taken a bit of time we did not originally anticipate. We are now in Alaska. We are now equipped like we should be for this operation. We are now ready to go forward with putting cable on the deck of the barge. We expect this to be a five year project so we wanted to get started in the best manner possible."

The cable salvage project is designed to conduct operations for the purpose of retrieving certain communication cable, which contains a significant amount of copper. At this time, Mexus Gold US has focused the salvage operation on the cable deployed in the offshore waters of northwestern United States.

Mexus Gold US (otcqb:MXSG) is a company engaged in the mining industry for the purpose of producing precious metals, including gold, silver and copper, from its projects located in the state of Sonora, Mexico and in the states of Nevada and Alaska.



Source of News & Photo: 

Mexus Gold US (otcqb:MXSG)


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