$BMIN News OUT!! Britannia to Advance Gold Divisi
Post# of 98044
Company Eyes 100,000 Ounces (oz) of Ready to Mine Alluvial Gold
http://finance.yahoo.com/news/britannia-advan...00188.html
NEW YORK, NY--(Marketwired - Jun 24, 2014) - Britannia Mining, Inc. (PINKSHEETS: BMIN) (or the Company), an emerging integrated developer of natural resources, announced today that the Company is advancing its gold division, eyeing global opportunities for ready to mine gold operations -- beginning with projects of at least 100,000 oz.
Recently, Britannia attended meetings in the United Arab Emirates to discuss trading ready to mine gold, sourced from current operational gold mines that fall within Britannia's business development pipeline. The Company's vision is to create value at every stage of the mining value curve; from exploration, to extractive operations, through to end trading activities.
"We have already shown that we can secure trading opportunities for commodities," stated Kenneth Roberts, CEO of Britannia Mining. A comment made in reference to 100+ Million tonnes of ready mined iron ore Britannia secured in Malaysia. "The next natural step is for us to develop our gold division."
To date, Britannia's gold division has consisted of legacy gold claims in the Yukon, Canada -- inherited through the merger with Micron Enviro Systems. Management has recently renewed the gold claims and is currently in talks with potential partners regarding developing the Canadian properties.
Mr. Roberts continued, "We are also in talks with potential UAE partners to leverage the pipeline of gold mining opportunities that our Malaysian and African relationships have made available to us; making extractive operations and ready to mine gold a real consideration. Our intention to deliver near term revenues progresses another step forward."
Mr. Roberts concluded, "With the right partner, we can effectively integrate exploration; operations and trading. Our visit to the UAE was beneficial to our vision and should yield quantifiable results."
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