The Company is highlighting the 2023 mining season.
"Opening a profitable mine operation takes a tremendous amount of time and effort to do it right. As a Company interested in creating longevity and shareholder value, we take the time needed to achieve both. We look forward to updating shareholders as each milestone below is met. Everything the Company has planned is focused on driving shareholder value," said
Snow Creek
2024 plans include upscaling the gold mine operation to triple production at the site.
Lastly, the Company is compiling all test and mining results from the 2023 mining season which will be used as part of the information required to complete an S-K 1300 compliant resource report. Once the report is complete, the Company can better value the resource claim and add the assets’ resources to the balance sheet.
Rosella Creek
The intent is to complete an S-K 1300 compliant resource report during the 2024 mining season.
- Yukon Gold Property
The Company is intently working to complete due diligence and the 50% acquisition of the Yukon Gold Property by the end of 2023. Review of the engineer and geological reports is progressing on schedule and discussions have begun to initiate a pilot mine on the site to confirm the gold deposits indicated by reports. The reports provided to
The intent is to update reports to be S-K 1300 compliant before the due diligence is completed.
- Ammolite
Preparations continue to open an ammolite mine on the company’s south block. Preparations have taken longer than expected; as such the Company has moved the target start date to early in 2024.
This mine is required to meet the growing demand for ammolite gemstone products.
Once in production, the Company will complete an S-K 1300 compliant resource report on this property.
2023 and Beyond; Looking Forward - For the balance of 2023 and into 2024, the Company is focused on expansion and adding shareholder value. That means more acquisitions, more mine production and more revenues.
About
About
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the Company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Signed.
/S/
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