$TSOR .01 was .10 - 52 Wk High, New Developements
Post# of 98046
[b]43-101 TECHNICAL REPORT VALUED AT $1.93 PER SHARE![/b]
**[b]NEW MANAGEMENT, NEW NAME was formerly MERCER GOLD[/b]**
[b]
SHARE STRUCTURE[/b]:
O/S 64.5 MILLION
***[b]FLOAT 16 MILLION[/b]***
A/S 140 MILLION
[b]AVERAGE VOLUME 3 Month 22,600, July 3,2013 > > 265,000!!![/b]
**MARKET CAP** $244,000 in a Multi Million Dollar Market...
[b]
ASSETS $6 Million, LIABILITIES $3 Million
[/b]
**Signs emerge that prices may have bottomed in precious metals as of June/2013**
GOLD PER OUNCE $1250
SILVER PER OUNCE $20.00
Costs to Produce Gold $200/ounce, Gross Profit $1000+!
**[b]2 HUGE FORM 4's** in March 2013 for the Purchase of 6,000,000 Shares at Market Value .005 [/b] > >
4 Mar 26, 2013 Mar 20, 2013 4.5 KB PDF RTF HTML XLS
4 Mar 26, 2013 Mar 20, 2013 4.9 KB PDF RTF HTML XLS
[b]HUGE RESTRICTED 40,000,000 of 64,000,000 O/S[/b]
8-K Mar 26, 2013 Mar 19, 2013 32.3 KB PDF RTF HTML XLS
[b]New independent registered public accounting firm[/b]
On May 29, 2013, the Company engaged GBH CPAs, PC, as its new independent registered public accounting firm.
[b]NEW TEAM Who are they[/b] > >
[b]Gary Powers > > Chief Executive Officer, President, Director and Member of Audit Committee[/b]
[b]William Thomas > > Chief Financial Officer, Principal Accounting Officer, Treasurer, Secretary, Director and Member of Audit Committee[/b]
[b]Gerry Jardine > > Key Board Member[/b]
[b]GARY POWERS[/b] Mr. Gary Powers serves as President and Secretary of Alaska Metals Corp. Mr. Powers has been Chief Executive Officer and President of Tresoro Mining Corp since July 29, 2011 and Alaska Gold Corporation since June 22, 2012. Mr. Powers has been the President of Intergold Corporation and INGC since September 1998. He has over 40 years experience working with public and private projects ranging from involvement in start-up developments, to holding executive positions with public and private enterprises. [b]He has worked in the public sector at a senior Canadian governmental level and has private sector experience in project development and business management. [/b]He served as an Assistant Deputy Minister appointment with the Yukon Territorial Government. He has been owner and/or executive of several private development companies in the mining, real estate, and energy sectors. He was also a partner in the development company that created the initial five ski runs on Blackcomb Mountain in British Columbia, Canada. For the past six years, Mr. Powers has worked for Guest Investments Ltd. as a Management and Education Consultant and for Helen Kupper Enterprises, Ltd. as a Business Manager. He served at Vega Atlantic Corp. Mr. Powers has served as a Director and Officer of OTC Bulletin Board listed mining companies. He has been a Director of Tresoro Mining Corp since July 29, 2011, Alaska Gold Corporation since June 22, 2012, Intergold Corporation since September 1998 and INGC since September 1998. He serves as a Director of Alaska Metals Corp. He served as a Director of Transax International Ltd. (alternate name, VATL) since December 2000.
[b]WILLIAM THOMAS READ EVERYTHING HE IS HUGE[/b] Mr. William David Thomas, Bill, serves as the Chief Financial Officer of Alaska Gold Corporation. Mr. Thomas serves as Principal Accounting Officer of Morgan Creek Energy Corp. He has been the Chief Financial Officer of Guerrero Exploration Inc. since January 2013. He has been the Chief Financial Officer, Secretary and Treasurer of Morgan Creek Energy Corp. since January 8, 2009. He has been the Chief Financial Officer, Secretary and Treasurer of Tresoro Mining Corp (also known as Mercer Gold Corp.) since August 18, 2008 and serves as its Principal Accounting Officer. He served as the Chief Financial Officer, Secretary and Treasurer for Mainland Resources Inc. March 26, 2010 until January 29, 2013 and also served as its Chief Accounting Officer. He served as a Treasurer and Secretary of Alaska Gold Corporation. He served as the Chief Financial Officer of Sono Resources, Inc., since April 5, 2011 and as its Treasurer and Secretary. He served as the Chief Financial Officer and Secretary of TagLikeMe Corp. from August 1, 2012 to August 29, 2012 and its Treasurer since August 1, 2012 also its Principal Accounting Officer. Mr. Thomas served as the Chief Executive Officer and President of Mercer Gold Corp. and Tresoro Mining Corp from May 9, 2011 to July 29, 2011. He served as the Chief Financial Officer of Mira Resources Corp. from May 22, 2008 to July, 2009. He served as Treasurer of Mainland Resources Inc. from July 9, 2008 to September 22, 2009, Secretary from August 18, 2008 to September 22, 2009 and served as its Chief Financial Officer from July 9, 2008 to September 22, 2009. He served as the Chief Financial Officer of Hana Mining Ltd. from August 1, 2007 to March 2010 and New Hana Copper Mining Ltd. since March 2010. Mr. Thomas served as Chief Financial Officer of NWT Uranium Corp. from September 1, 2007 to July 29, 2008 and served as its Controller from July 16, 2007 to July 29, 2008. He served as the General Manager from 1999 to 2002 and Finance and Administration Manager from 1996 to 1999 of Kerr McGee's China operations. While in China, he had been responsible for Finance including Sarbanes Oxley reporting, Budgeting, Treasury, Procurement, IT, Taxation, Marketing, Insurance, Business Development [b]including commercial negotiations with the Chinese partner, China National Offshore Oil Co (CNOOC) and other Chinese and joint venture partners. He focused heavily on supporting exploration and development operations for three operated blocks in Bohai Bay, as well as evaluation and negotiation of new venture blocks in East China Sea and the South[/b] [b]China Sea. He was also responsible for the liaison with CNOOC and other Chinese oil companies, Kerr McGee US management and joint venture partners, where his main focus was to ensure cost effective and timely achievement of various approved work programs and budgets[/b]. Mr. Thomas has 30 years of financial management experience with a focus on the natural resource sector. His background includes work with Denison Mines Ltd., now Denison Mines Corp. and a diversified, growth-oriented, intermediate uranium producer. He has a lengthy career in finance and accounting for the natural resource sector spanning more than thirty years. He held various successive management positions at Kerr McGee Corporation's China operations based in Beijing, China, until 2004. He served as Business Director of Business Services at Kerr McGee. He also served as Chief Representative of Kerr McGee on the Joint Management Committee (JMC). He served as Manager of Fixed Asset Accounting of Kerr McGee Corporation's US operations since 1996, as Finance Director of Kerr McGee's UK operations based in London/Aberdeen from 1992 to 1996, and Kerr McGee's Canadian operations in Calgary, Alberta, Canada from 1984 to 1992, including Kerr McGee's predecessor company, Maxus Canada Ltd., which was acquired by Kerr McGee Ltd. Over the course of his career, Mr. Thomas has been involved in all aspects of managing accounting, budgeting, HR, administration, IT, insurance, taxation and other business support aspects surrounding gas properties for Kerr McGee. He participated on a team that developed the Oracle accounting system application to the Kerr McGee's worldwide operations. In his early career, he held senior management positions in the finance divisions of [b]Norcen Energy Ltd. of Calgary, Alberta from 1981 to 1984, Dennison Mines Ltd. of Ontario Canada from 1978 to 1981 and Algoma Steel Corporation [/b]of Sault Ste Marie, Ontario, Canada in 1977. He also served as Senior Auditor for the accounting firm, Coopers & Lybrand in Toronto, Canada from 1975 to 1977. For a brief period after leaving Kerr McGee, he acted as a self-practitioner in the accounting and finance field. He has been a Director of Uranium International Corp. since August 18, 2008. He has been a Director of Sono Resources, Inc., since April 5, 2011 and Tresoro Mining Corp since August 18, 2008. He serves as Member of Advisory Board at Mira Resources Corp. He served as a Director of Mainland Resources Inc. since September 2008 until January 29, 2013. Mr. Thomas attained his Chartered Accountant from the Canadian Institute of Chartered Accountants in 1977. He holds an Honors Bachelor of Commerce and Finance degree from the University of Toronto, Ontario, Canada.
[b]GERRY JARDINE[/b] Mr. Gerry Jardine is a Member of the Investor Relations team at Sweetwater Capital. Mr. Jardine served as Chief Executive Officer and President of Silica Resources Corp. since January 31, 2008 until November 7, 2010. He served as Chief Financial Officer, Principal Accounting Officer, Treasurer and Secretary of Silica Resources Corp. since June 11, 2008 until November 7, 2010. H[b]e served as President and Chief Executive Officer of New Pacific Ventures Inc., from May 22, 2001 to 2006. Mr. Jardine served as the Secretary and Treasurer of Prefco Enterprises Inc., from 1999 to 2004. He served as President and Chief Executive Officer of Alderon Resource Corp., (also known as Truax Venture Corporation) from 1989 to 2003. He served as President of Amcan Fiscal Consultants Inc. from 1996 to 2003[/b]. From 1986 to 1997, Mr. Jardine served as President and Chief Executive Officer of PowerTech Industries Inc. He has been Director for Mercer Gold Corp. since May 2011 and Silica Resources Corp. since January 31, 2008.[b] He serves as Director of TSX Venture Exchange, NASDAQ and OTC Bulletin Board. He served as Director of Tatonka Oil & Gas, Inc. He served as a Director of Mainland Resources Inc. since May 18, 2011 until January 29, 2013.[/b] Mr. Jardine served as Director of Truax Venture Corporation from 1989 to 2003, New Pacific Ventures Inc., from May 22, 2001 to 2006, Prefco Enterprises Inc., from 1999 to 2004 and PowerTech Industries Inc. from 1986 to 1997.
[b]Contact Info[/b]
1220 - 666 Burrard Street
Vancouver, BC V6C 2G3
Canada
Website: http://www.tresoromining.com
Phone: 604-681-3130
Email: info@mercergoldcorp.com
[b]**BUSINESS PLAN**[/b]
We are going to find a multi-million ounce resource in the most efficient way possible. As explorationists and opportunists, we will invest our cash in activities that are going to create the most value for our shareholders. Our primary asset, Guayabales, has all of the right ingredients for success. It’s adjacent to and on strike from a 9.7 million ounce resource that’s open to expansion. We also have a 43101 stating we have the same rocks and a strong technical program to execute our exploration plan and a world class Board of Directors. We are working hard and smart to create a success.
***Tresoro Mining***
[b]43-101 Technical Report[/b]
On The Guayabales Gold Project
Effective Date: July 31, 2012
Signing Date: August 16, 2012
Click Here to view or download
[b]About Tresoro Mining[/b]
Tresoro Mining Corp. is engaged in mineral exploration. The Company’s primary project is the Guayabales Gold Project located in the Marmato Gold District, in Caldas, Colombia. Tresoro acquired its leases on the Guayabales through a transaction with a predecessor company and now holds a 100% percent working interest in the property.
The Project is a bulk-tonnage, gold-silver target that may be amenable to open pit mining, as well as higher-grade gold-silver mineralization that can be drawn out with selective underground mining techniques.
Guayabales is in the Marmato Mining District, which has a long history of gold and silver production. This region has been a productive mining area since before the Spanish came to South America. As such, there is adequate infrastructure, access, security and an available workforce to support development of the potential mineral resources at Guayabales.
The Guayabales Property is located approximately 80 kilometers south of Medellin, Colombia. A NI43-101 report recently completed on the Guayabales Property identifies the continuity of the Encanto Zone on the adjacent Marmato mining complex extends into the Guayabales Property. Deposits on the Guayabales Property have only been explored to a depth of 100 to 200 meters, but it is at a higher elevation than the active Marmato complex, which suggests there is the potential for high grade gold and silver below the 200 meter depth.
In addition to the Encanto mineralization, the NI43-101 identified two areas on the Guayabales Property that require further exploration to assess the full extent of the gold and silver resource.
Tresoro Mining plans to explore the Guayabales Property to more accurately assess the gold and silver resource.
Historically, Colombia has been one of the largest gold producers in the world and the Colombian mining industry remains one of the most dynamic and promising sectors of the Colombian economy.
Tresoro Mining Corp. has corporate offices in Vancouver, Canada with field exploration operations in Colombia. Tresoro is a public company listed on the OTC exchange under the symbol OTC-TSOR on the QB tier of the OTC Bulletin Board exchange.
[b]**PROJECTS**[/b]
Guayabales Project – Colombia
Tresoro Mining Corp. is developing an initial gold prospect located in northern central Colombia in South America.
The Guayabales gold prospect is located in the Marmato Mining District, a region that has an extensive and productive gold mining history dating back to before the time of the Spanish Conquistadors, and continuing to the present. Security, access, infrastructure and available workforce are adequate to support the development of a mineral deposit at Guayabales due to an active and growing mining industry presence in the area.
The Guayabales property is located on the eastern margin of the Western Cordillera of the Colombian Andes, and occurs within a regional scale structural zone that hosts the productive Middle Cauca Gold Belt (i.e., credited with 16 million ounces of gold resources/reserves and historic production).
The porphyry gold and intermediate sulfidation gold-silver mineralization at Guayabales, and the Marmato District in general, is related to the emplacement of stocks of late Miocene age. Structure is an important control on the mineralization, particularly along northwest trending shear zones.
The geologic relationship of gold-silver intermediate sulfidation to porphyry gold mineralization provides metallogenic context for the exploration targets and 2011 program carried out on the Guayabales project, which is summarized in a NI43-101 report. Tresoro’s principal exploration target is a bulk tonnage, porphyry precious metals deposit that will be potentially amenable to open-pit mining.
A second target type with upside exploration potential is the long recognized, higher-grade vein zones amenable to selective, underground mining exploitation. The potential for defining economic gold-silver mineralization of this style is clearly manifested by the presence of a number of small-scale mining operations on the property.
Mining Colombia
Colombia has produced an estimated 85 million ounces of gold since the Spanish conquest in 1514. There is no reliable estimate of the gold produced prior to, and during the Spanish conquest. In 1937, Emmons estimated production at over 49 million ounces of gold during the post conquest period from 1514 to 1937, making Colombia the largest producer in South America during that time frame.
Recent production has earned Colombia a ranking, which has ranged from 2nd to 5th largest gold producer in South America, and 12th to 20th largest in the world (Ministerio de Minas y Energia, Colombia, 1999-2006). In 2000, Shaw documented additional production of 30 million ounces of gold for the period 1937 to 2000. For the years 2000 to 2004, the U.S. Geological Survey documents additional production of 4.95 million ounces of gold (Bermundez, 2000; Torres, 2004). The Dow Jones Business News Service reported on August 15, 2006 that Colombia had produced 1.5 million ounces of gold in 2005. Approximately two thirds of Colombian gold production has been from placer deposits in the Department of Antioquia, which is immediately adjacent to the Department (Caldas) in which Guayabales occurs.
[b]**HUGE ANALYTICAL EVALUATION **[/b]
Grass Roots Research and Distribution, Inc. Initiates Coverage on Mercer Gold Corporation With a [b]Price Target of $1.93[/b]
SAN FRANCISCO, Sept. 17 /PRNewswire/ -- Grass Roots Research and Distribution, Inc. announced today that it has initiated research coverage on Mercer Gold Corporation (BULLETIN BOARD: MRGP, AN4: Frankfurt) with a buy recommendation and price target of $1.93 per share. Individual and institutional investors are encouraged to visit http://www.grassrootsrd.com/ to learn more about Mercer Gold. A direct download of the report and full disclaimer information is available at: http://www.grassrootsrd.com/grassrootsrd/Repo...7_2010.pdf.
According to the analysis by Grass Roots Research, the report stated, "Mercer Gold has acquired the rights to the Guayabales Property in Colombia, located in a prolific gold and silver mining district. Several zones of mineralization from adjacent properties that are actively mined continue onto the Guayabales Property. The Company has completed a technical assessment of the Guayabales Property that meets the NI 43-101 requirements. This study indicates favorable prospects for a large scale mining operation in the area covering the known mineralized zones. There are a total five areas of mineralization on the Guayabales Property that require additional exploration. Two members of the MRGP board were involved with the transaction on the adjacent property that has 9.7 million ounces of gold resource. Based on our preliminary estimate of potential mineable reserves on the Guayabales Property, we estimate a fair value for MRGP of $1.93 per share, 278.4% higher than the current market price of $0.51.
(Should only be used as a reference)
Were at .01 with NO DILUTION!!
[b]About Mercer Gold Corporation NOW TRESORO MINING[/b]
Mercer Gold Corporation is focused on gold exploration and resource definition in Colombia. The Company acquired the prospective Guayabales Gold Project, located in the Marmato Gold District, Department of Caldas, earlier in 2010. Mercer is exploring the Guayabales property and is seeking to acquire additional prospective gold properties in Colombia
[b]THE BIG NEWS[/b]
Tresoro Mining Corp. Moves Forward With Plans to Develop the Guayabales Gold Project
VANCOUVER, British Columbia, July 23, 2012 /PRNewswire/ -- Tresoro Mining Corp. (the "Company") (TSOR-OTCQB, AN4-Frankfurt) announces that Comunidad Minera Guayabales ("Comunidad"), the underlying property owner of the Guayabales Gold Project in Columbia (the "Guayabales Property"), has acknowledged to the Company that Comunidad agrees with the Company that Mercer Two Panama Corp Secursal Colombia, the Colombian branch of a subsidiary of the Company, is the legal holder of all option rights pursuant to the Option Agreement dated March 4, 2010 (the "Option Agreement"), as entered into by and between Mercer Gold Corp. ("Mercer BC") and Comunidad with respect to the Guayabales Property. More specifically, Comunidad no longer considers that Mercer BC has any further rights pursuant to the Option Agreement.
During the week of June 25 to 29, Mr. Daniel C. Leroux, (B.Sc., P.Geo. (ON, QC, SASK)
Vice President and Senior Geologist A.C.A. Howe International Limited) completed an onsite inspection and review of the Guayabales Property and storage facilities located in Colombia, and has advised that he will be issuing a new 43-101 technical report with respect to the Guayabales Property within 2 weeks.
The Company plans to proceed forthwith with the development of the Guayabales Property.
Gary Powers, President of Tresoro Mining Corp., says "The Company will develop a work plan based upon defined areas of interest as a result of the analysis of the property and the data available since April 2011. Tresoro has continued to maintain a close and open relationship with the Comunidad Minera Guayabales, the artisanal owners of the property, and will work closely with them in planning and executing the steps going forward."
[b]This is an amazing entry, at .01, we could easily start to see PPS increase to a short term Value of .10+, that is 1000 %, with the Micro Float it could be much higher after all it was early 2011 when PPS was over $3.00, let's get rich together![/b]