Tunnels bids to salvage mine plan

The view west from the Montana Tunnels Mine entrance toward Occidental Plateau, outside Jefferson City.

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The Montana Tunnels Mining bankruptcy saga may be nearing the end.

Maybe.

Following Montana Tunnels’ failure to meet several hurdles set out by its Chapter 11 bankruptcy plan, acting U.S. Trustee Gregory M. Garvin moved last month for the company’s case to be dismissed or converted to a Chapter 7 liquidation, according to papers filed with the U.S Bankruptcy Court in Butte.

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