COEUR D'ALENE, Idaho, Sept. 26, 2014 (GLOBE NEWSWIRE) -- New Jersey Mining Company (OTC:NJMC) ("NJMC" or the "Company") announced today that it has been recognized as a "Pollution Prevention Champion" by the Idaho Department of Environmental Quality ("DEQ") for its successful efforts to reduce pollution at its New Jersey Mill in Kellogg. The Idaho DEQ made the announcement in a press release last week.
The DEQ defines pollution prevention as "…any technique used to reduce or eliminate pollution generated. In contrast to most pollution control strategies that manage a pollutant's effect on the environment after it has been generated, pollution prevention seeks to eliminate or minimize the amount of toxicity of wastes and pollutants before they are generated."
DEQ pollution prevention projects coordinator Ben Jarvis commented, "The New Jersey Mining Company has optimized its ore processing operation through the utilization of paste tailings, which has allowed the company to significantly curtail water use in an area where water is especially precious." By implementing paste tailings processing methods, NJMC is able to recycle all of its process water and prevent the discharge of process water to surface waters. At full capacity, this method saves more than 50 million gallons of water per year.
NJMC CEO and Chairman Del Steiner added, "The paste tailings processing methods were developed and implemented by Company founders Fred and Grant Brackebusch. This award highlights the technical capability of our team and our commitment to corporate citizenship."
About New Jersey Mining Company
New Jersey Mining Company (NJMC) is located in North Idaho's Silver Valley where it built and is the majority-owner and operator of a fully-permitted 360-tonne per day flotation mill and concentrate leach plant. The Company is actively engaging clients for custom milling contracts while also pursuing its own small-scale production opportunities.
With its mill ownership, in-house expertise, and strategic relationships, NJMC has a unique ability to focus on the acquisition and development of smaller gold deposits in historic mining districts. The Company also owns a 47.88-percent interest in the Golden Chest LLC which controls the Golden Chest Mine, a former gold producer with more than 12,000 feet of underground workings. Golden Chest LLC has leased a portion of the Golden Chest Mine to Juniper Resources, with gold production expected to commence later this year.
The Company's common stock trades on the OTC Market under the symbol "NJMC."
Forward Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Such statements are based on good faith assumptions that New Jersey Mining Company believes are reasonable but which are subject to a wide range of uncertainties and business risks that could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements.