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Gold/Mining/Energy : Sun River Mining (SUNR)
SUNR 0.00Jun 10 5:00 PM EST

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To: Cytotekk who wrote (457)3/3/1999 12:12:00 PM
From: CIMA  Read Replies (2) of 1650
 
Lot's of positive Bolivian press coming out on the Cangalli area. An Alta Vista translation follows. This, coupled with looming press releases and promotion should make this rrrrumble soon IMO.

The news to anybody must surprise, but it is not either necessary to reduce importance to him, since without a doubt they make some authorities coludidas in a destined plot prevent, at all costs, the development of this region of the Mother country.
Not long ago time, hundreds of auriferous cooperatives worked successfully in regions pertaining to the provinces of Larecaja, Nor Yungas and Caranavi, whose numerous rivers seemed inexhaustible source of wealth. Thousands of cooperativistas acquired fortune, although many lost it with equal rapidity, as frequently it happens in the field of the mining. Lamentably, the mentioned associations, as a rule, lacked resources initially to obtain machinery, reason for which many of their members used like tools the own hands. Spent the time, the operation of the mineral blonde was not so easy, reason why many thought about the necessity to obtain to equipment and machineries. Some cooperatives obtained it and other no, reason for which several disappeared or looked for other peoplés partners to continue their work.
La Paz, like department, did not benefit either. The present Law of Mining Exemptions does not consider that, any rate referred to the gold production, can easily be evaded, since is not elements like the petroleum, whose existence is indisimulable. A high percentage of gold producers passed in the pocket and of contraband the rich mineral, evading the obligation to sell it to the Mining Bank of Bolivia, still existing.
Finally, the gold disappeared apparently of the margins of the rivers, since the grudges of this one were dragged by the current and they were often based in other places that today festejan their presence, outside the country. Recuérdese that great hulls of Brazil invaded Bolivian rivers in search of the rich mineral.
It does not have to call the attention, consequently, that in Cangallí, the mining consultant multinational Behre Dolbear & Company, announces the discovery of an auriferous deposit of enormous proportions. " I have never seen so important gold deposits ", said Henry Sandri, vice-president of the consulting mentioned one, demonstrating its admiration before tens of authorities that were invited to listen to their announcement.
Doubt does not fit that the desubrimiento is important and with absolute certainty, I will not be the unique one that becomes if really pace6no is interest in the exploration of the territory. Not in vain the native term " chuqui-yapu ", from where it derives Choqueyapu, name assigned to the river that crosses the city of La Paz, means " gold small farm " and, of another part, it knows that a Spanish soldier briefed in his testament that the Marquess of Strong Castel snatched a " nugget to him " of gold that found in Chuquiaguillo " with weight of 37 pounds, 14 ounces and 8 traces, 21 law of kilates ". What reduces now is that the pace6nos we watch close by that the national authorities of average control, do not throw earth on this discovery.
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