http://oroverdeinc.com/ NI 43-101 for the LA PALMICHALA MINE GOLD PERMIT, ANTIOQUÍA (COLOMBIA) http://oroverdeinc.com/wp-content/uploads/2015/05/La-Palmichala-Technical-Report-NI-43-101_01-04-2013-1.pdf http://oroverdeinc.com/mining/
Current evaluation of La Palmichala is over $16,318,995 with an estimated additional 2,000,000 ounces expected to be found on the surrounding area on the surface. Historical operations have extracted less than 10% of estimated gold resource on the property. Life of the mine is projected to be 20 to 40 years at 125,000 ounces of gold per year
The NI 43-101 report on La Palmichala property, was prepared by “Consultores Independientes en Gestión de Recursos Naturales (CRN), S.A. (Independent Consultants in Natural Resources Management) geological team. The company is a consulting and engineering services organization specializing in fields related to Subsoil Resources and Earth Sciences utilizing the most advanced methods and technologies. CRN has a technical team comprising over 11 highly qualified professionals: mining engineers, geologists, hydro-geologists, geological engineers and environmental technicians. The NI 43-101 for La Palmichala showed over 40,000 ounces of gold of indicated resources in the tunnel and 274,000 ounces of gold of inferred resources (base on a three dimensional model made by the CRN, S.A. geological team. http://www.otcmarkets.com/stock/QEDN/profile Outstanding Shares (OS) = 413,349,259 Shares
Oro Verde currently utilizes a processing facility located at Quintana, approximately 30 minutes from Remedios, which uses conventional equipment for crushing, classification, wet mill, gravimetric concentration, flotation, re-grinding, lixiviation and precipitation. The facility does not using mercury at any of its stages and has a gold recovery of approximately 90 %.
Float Shares = 311,696,212 Shares
Authorized Shares (AS) = 600,000,000 Shares
Daily View Weekly View 3 Month Daily View NOTE: THE INFORMATION BELOW THE LINE REGARDING EMERALD MED FARMS MAY NO LONGER BE RELEVANT
(except in the historical sense).
The most recent QEDN filing of November 20, 2014 does not show any evidence that the acquisition of Emerald Med Farms ever occurred and shows NO revenue from Emerald Med Farms.
TAKE THE INFORMATION BELOW WITH A BIG CHUNK OF SALT.
Editorial Addition by Maria56 on November 22, 2014