The letter stated that over the course of 2014, MONK accomplished the following:
• Acquired 45% interest in New World Metals
• Made deposit on a 100 ton per day ore processing mill
• Stockpiled over 8000 tons of ore at its three mine locations
• Pumped the La Luna Mine free of water and lowered shaft by 7 meters
• Made major repairs and upgrades to structure at Morelos Mine
• Lowered shaft by 8 meters and began production at the Peneto Mine
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