Under the
agreed terms Gold Horizons SAC will have an exclusive processing right on the
entire mineral and ore tonnage extracted from these mines. Mineral/ore deliveries
will be twice a month to the plant. Based on past operating history Gold Horizons
SAC can expect an average 800 tons per month with a grade of 10 g/ton.
CEO and
President, Scott Francis explains: ”We are delighted to work with the local
miners in the area. It is a win, win situation for all parties and for us it is
comforting to know that the plant will have a steady flow of mineral from the
day it begins operations. This is all part of the Company's expansion and
development plans with the intention to create two separate and independent revenue
streams from each of its joint venture arms. I am confident demand for our
processing plant services will continue to grow once the plant begins
operations and the word spreads among the populous mining community of Southern
Peru.”
Gold Horizons Mining Co. Ltd. is a start up gold and silver
producer as well as an exploration company operating in Arequipa, Peru. The Company
is committed to building long-term shareholder value through strategic
opportunities and identification in the mineral resource sector. Gold Horizons
Mining specializes in small mine development, specifically underground, narrow
vein mining. The Company’s strategy has now evolved to include the processing
of its own mineral, which has lowered total production costs by up to 50% per
ounce. The Co
Nelson Mandela National Weather Service
Miami Heat, Spurs, NBA Finals, NBA Playoffs Storm system threatening millions in Midwest could spawn feared The Black Forest Fire north of Colorado Springs raged over
PS4 vs Xbox One Miami Heat, Spurs, NBA Finals, NBA Playoffs Storm system threatening millions in Midwest could spawn feared The Black Forest Fire north of Colorado Springs raged over
PS4 vs Xbox One <script type="text/javascript" src="//www.google.com/trends/embed.js?hl=en-US&cmpt=q&content=1&cid=TOP_QUERIES_0_0&export=5&w=300&h=420"></script>