SANP Why start Santo Mining Corporation? T
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SANP Why start Santo Mining Corporation?
The simple answer is the opportunity we have to produce gold quickly and effectively. There is no question in my mind that gold, and all of the metals Santo seeks, will hold their present high value—and according to international experts’ opinions, prices may very well continue to increase over the next several years, until the World economies recover.
Santo’s claims may definitely be considered prospective. The neighborhoods where they lie are extremely active. We are located less than 1 mile from the famed Pueblo Viejo and Cerro de Maimon mines, which have produced more than 1 million ounces of gold as of 2012. Interestingly, Cerro de Maimon was recently sold for a 300% profit after having produced handsomely for its original owners. We’re also close to what was the world’s second largest nickel mine, and an area on the border with Haiti that may yield other major discoveries.
We consider metallic mining a good fit with our prior experience in the aggregate mining sector in the Dominican Republic. Obtaining claims in historically gold-rich areas persuaded me to change hats, so to speak.