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The Cripple Creek mining district lies on the western flank of Pikes Peak, sixteen miles southwest of Colorado Springs (Figure 1). In the district's 105 year history it has produced in excess of 650 metric tons of gold (21 million ounces), making it the third largest producing district in the United States. The bulk of the mining district is currently controlled by the Cripple Creek & Victor Gold Mining Company (CC&V), which is a joint venture between Pikes Peak Mining Company (67%)and Golden Cycle Gold Corporation (33%). Exploration by CC&V over the past six years has defined a proven\probable reserve of over 81 metric tons of gold (2.6 million ounces) with an additional drill indicated resource base of nearly 44 metric tons (1.4 million ounces). Most of this mineralization is contained within the Cresson deposit which is located in the south central portion of the district.

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