To date Merendon has spent in excess of $ 900,000 US in it's operation in Honduras which consists of three huge concessions representing over 176,000 hectacres of land.
The Enter Rios concessions currently produces placer Gold being recovered on the Patuca River by over 4000 Campensinos.
Production results are " reported " to be in excess of 100,000 grams per week.
Production is Stage one and Merendon is well on it's way to constructing a gold recovery plant in the capital city of Tegucigalpa.
Due Diligence is currently before the ASE and if the exchange approves the engineering report, Telesis ( TSL ) will make a serious effort to merge with Merendon
** This is NOT an offer to sell or purchase securities in Telesis (TSL ) merely a venue to discuss investment possibilities ** |
