So, it appears that Mission Mining (EVXA) is no
Post# of 35
So, it appears that Mission Mining (EVXA) is now peddling the Azurite Mine as though it were their mine. I knew there were connections between EVXA and Chaffee, Adkins, Jenkins, etc. but now it appears that they are using the Azurite Mine as another platform to lie to people. This is in their i-box (I have not checked the Mission Mining website yet, but I assume it is there as well):
The Azurite Mine is a developed hard rock gold mine located on private property near Prescott, Arizona. The Property consists of 6 patented mining claims containing 86 acres of fee simple land. It is a historical producer of predominantly "hi-grade" ores developed within a quartz filled vein. These ores contain significant values of gold, silver, and copper, but with minor values in lead and zinc. Since the discovery of the mineralized vein, it has been noted that undeveloped mineralization lying adjacent to the quartz vein has been ignored for nearly 150 years.
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The total potential mineral resource value is $197,451,000, plus potential value in blocks with insufficient data for determining estimated tenor. These two additional blocks contain approximately 5.31 million tons that might host an in-ground value of approximately $460 per ton, equating to a total in-ground potential resource value of $2.44 billion, in addition to the more assured $197,451,000 as calculated above.
For purposes of considering mine development the proven/probable in-ground gross value of $121.37 million, plus the expected availability of the Mineral Resource in the amount of $197 million, should be the only basis for considering or justifying near-term mine development.