THERE COULD BE A MAJOR MINING OPERATION UNDERWAY IN SOUTHERN NEW MEXICO WITHIN THE NEXT TWO YEARS. DAN BURRELL, FORMER CEO OF ROSEMONT REALTY IN SANTA FE SAYS HE'S FOUND THE LARGEST FREE-STANDING DEPOSIT OF GARNET IN THE U-S. THE FIND IS LOCATED IN OTERO COUNTY BETWEEN ALAMOGORDO AND EL PASO.
ALBUQUERQUE BUSINESS FIRST SAYS MINING THE GARNET AND PROCESSING IT COULD GENERATE UP TO A BILLION DOLLARS IN REVENUE. THERE COULD BE AS MUCH AS 2-AND A HALF MILLION TONS OF MINEABLE MATERIAL.
