Post by
Camsgold on Mar 21, 2017 9:51pm
Great meeting
Cehegin- waiting for work permit to come through to complete 43-101 report. Minimum 30 m tons more like an actual 60m tons. The 43-101 proves out the asset in a formal way. Once that is in hand there are several options to move forward there.
As I had stated they have been so busy getting all of the EL work done this has been on the side burner but definitely understood as important going forward.
Vulture Peak has been offered to us to operate but we are "thinking about it". We have so many opportunities now that we may or may not move forward on that venture. It sounds like something much better is about to be announced on the HMill side.
IM/EL will be focusing on our "best " opportunities as suddenly, we have MANY!!!!
We have companies that want to "get started", not have a look, they want to get at it
There have been governments asking if a central site can be set up for many miners to bring product to be processed. As stated earlier IM will be the site and setup and EL will be the chemists and supplier of the product.
Rolling out EL was a definite nessesity, mostly so that we could attract several different types of fund investors allowing you and I an opp to liquidate our positions when the time is right.
Iberian Mineworx will dramatically benefit financially based only on Enviroleach, never mind Cehegin and HMill and XMill.
From my many past posts.............even though we are in a great place with Enviroleach etc. Cehegin is still a great piece.
Enviroleach- a llloooonnnngggggg explanation of aaaalllllllllllll of the possibilities for our formula. Endless uses in the industry and endless possibilities. Amazing actually!!
Cashflow has already started on a minor basis and will ramp up in the coming months.
Very positive atmosphere!!!
Comment by
Yamaharz500 on Mar 21, 2017 11:27pm
Thanks for the info. I wish I could have gon.Looking forward to the next few months.