Posted On: 05/06/2014 9:26:46 AM
Post# of 73
It is projected that the head grade will be a minimum of 2.5 gms of gold per ton, which will generate 2 Kilograms (63 ozs) of gold per concentrator per month. The company is starting with 2 concentrators in the first six (6) months and expects to expand to 4 concentrators by the end of the first year. The revenue generated by the portable concentrators is in addition to the revenue projected to be generated by the mill which has a capacity of 50 tons of ore per day.
The Company intends on pursuing opportunities in Ecuador. The Company feels that these opportunities will generate substantial cash flow for the Company allowing for significant growth over the next year.
The Company intends on pursuing opportunities in Ecuador. The Company feels that these opportunities will generate substantial cash flow for the Company allowing for significant growth over the next year.
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