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Inside the Bank of England's vaults: Can cash survive?
By Szu Ping Chan
The Telegraph, London
Sunday, September 11, 2016
It's the smell that hits you first. As the doors to the Bank of England's lifts slide open, the underground corridor that greets you doesn't feel like it leads somewhere important.
Obsolete computers lie abandoned in the corner, while forklift trucks are parked along the labyrinthine passages. Even the signs in the lift are cryptic.
"Four filled cages plus two persons or two scooters," one declares.
"I don't think I've ever seen a scooter before," says Victoria Cleland, the bank's chief cashier and director of banknotes. As the light at the end of the corridor gets brighter, a musty odor fills the air.
It smells like old books, but this isn't the bank's library.
Instead, we're outside one of Threadneedle Street's bank vaults.
The bank houses eighteen of these strongrooms. Nine for gold, and nine for cash. ...
... For the remainder of the report:
http://www.telegraph.co.uk/business/2016/09/11/inside-the-bank-of-englan...
Sandspring Resources Commences 2016 Exploration Campaign
Company Announcement
August 17, 2016
Sandspring Resources Ltd. (TSX VENTURE:SSP, US OTC: SSPXF) is pleased to announce commencement of the 2016 exploration campaign at its Toroparu Gold Project in Guyana, South America.
In 2015 the company completed a 3,700-meter diamond drilling program on the promising Sona Hill Prospect, located 5 kilometers southeast of the main Toroparu deposit. Sona Hill is the easternmost gold anomaly in a cluster of 10 gold features located within a 20-by-7-kilometer hydrothermal alteration halo around Toroparu. Drilling at Sona Hill in 2012 and in 2015 intercepted high-grade mineralization in both saprolite and bedrock, and confirmed the continuity and grade potential of the Sona Hill mineralization.
For the remainder of the announcement and highlights of the 2015 drill program:
https://finance.yahoo.com/news/sandspring-resources-commences-2016-explo...
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