OTCBB: GPGI Progress Report
Management is pleased to report the results from its recent leach and precipitate method. The assay results from a two ton test are as follows: 2.60 oz. platinum,
0.81 oz. gold, 1.00 oz. palladium, and 5.84 oz. rhodium per ton of screened ore, after deduction of all inquarts.
Please be advised these numbers may vary from test to test. We are still fine tuning the process as we go along. Maintaining proper ph and temperature, among
other matters is taking some time to perfect and involves some trial and error. The Company intends to run additional tests each day of this week to perfect the
process.
Now that we have established and determined that a leach and precipitation method will be the Company's primary mode of recovering precious metals, Stantec Inc.
of Phoenix, Arizona, the Company's professional consulting and engineering firm is proceeding full speed ahead to complete the preparation of and filing our Aquifer
Protection Permit.
The company continues to electroplate our remaining inventory of copper dore bars, and upon completion will ship the resulting anode sludge to Sabin Metals, Inc.
for refining.
Provided these leach and precipitate tests continue to be successful, shipments of the dried precipitate will also be sent to Sabin Metals for refining. It is the intention
of the Company to start with processing 8 tons per day and adding to that figure as the installation of minimal new/used equipment and funding for the same warrants.
The Company will endeavor to keep shareholders current on developments as they occur.
Respectfully yours,
Richard E. Jensen
President
This communication to shareholders and the public contains forward-looking statements. Actual results may differ materially from those indicated by such statements.
All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding future production, are forward-looking
statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements. |
