WICKENBURG, AZ--(Marketwired - Feb 25, 2015) - Mining Global, Inc. (OTC PINK: MNGG) announced today that it has entered into a formal profit sharing agreement with First Nevada Mining Corp. and Keystone Mine, LLC., to restart ore processing at the Keystone Mine.
"Our role will be to manage all of the logistics related to the mine, including trucking the ore to the off-site processing facility, managing concentrating, leaching, and smelting, and selling the resulting gold bars on the secondary market," said Joel J. Natario, Chief Executive Officer of Mining Global, Inc. "In exchange for contributing our expertise to this arrangement, we will be well compensated with 20% of the take."
An executed copy of the profit sharing agreement with First Nevada Mining Corp., and Keystone Mine, LLC. can be found online at the Company's website and disclosure portal.
Disclosures can be found on the Company's online disclosure portal at: http://www.otcmarkets.com/stock/YTRV/filings
Please visit our new Investor Board we have teamed up with to educate our shareholders at: http://investorshangout.com/Mining-Global-Inc-MNGG-87629
About Mining Global, Inc.
Mining Global's objective is to build and operate world-class mines and develop a robust portfolio of assets in North America with the focus on organic growth and early stage acquisitions. The exceptional experience and strength of Mining Global's management team, combined with the excellent infrastructure and robust economics of the Arizona mining industry, sets Mining Global to become a leading Gold development and mining company.
Forward-looking statements:
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.