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Re: DD_dempsey post# 2204

Friday, 10/06/2017 4:56:08 PM

Friday, October 06, 2017 4:56:08 PM

Post# of 6698
Gomez Plata Project Potential Gross Value and Annual Revenues:*****

To summarize for those that don't want to read below:
GOMEZ PLATA PROJECT GROSS VALUE (POTENTIAL) = $238,934,872 USD
GOMEZ PLATA TOTAL ANNUAL REVENUE (POTENTIAL) = $6,133,496/year USD (using a conservative 300days/year operation volume)

Genesis Electronics Group Inc., (GEGI-OTC) Signs Agreement With Morrocota Gold

October 4, 2017

Genesis Electronics Group Inc., (GEGI-OTC) announces it has signed agreement with Morrocota Gold to operate what will be called “The Project Gomez Plata.” The project is fully permitted and the operation is operational within two months. The project is presently being overhauled and as existing has a capacity of 100 tons per day. The region is referred to as Sesgalete. The project claim is over a mile long and an average width of 1.5 yards. The mineral material amounts to 1,170,000 tons with 154,227 ounces of gold, and 2,408,000 ounces of silver. Juan David Perez Schile, CEO, comments, “We are thrilled to enter into this agreement, and my team is anxious to work with this group. They have identified our team’s ability to optimize projects and produce cash flow.”


Projected Gomez Plata project worth:
GOLD: 154,227 oz @ 1286/oz = $198,335,992 USD
SILVER: 2,408,000 oz @ $16.86/oz = $40,598,880 USD
POTENTIAL GOMEZ PLATA PROJECT GROSS TOTAL VALUE = $238,934,872 USD

Project Annual Revenue: (using a conservative 300days/year operation)
GOLD: 13.2% yield at 100 tons/day x 300 days/year = 30000 tons x 13.2% = 3960 oz/year = $5,092,560 USD/year
SILVER: 105.8% yield at 100 tons/day x 300 days/year = 30,000 tons/year x 105.8% = 61,740 oz/year = $1,040,936.40 USD/year
POTENTIAL GOMEZ PLATA TOTAL ANNUAL REVENUE: $6,133,496 USD***


***This is in the mine’s current state of 100 tons per day… does not take into account any upgrade to the operations that may occur to ramp up daily extraction and therefore mineral yield.


BTW - The company is working on having the mines audited by one of the big four auditors: if and when this occurs full transparency will exist and the noise about verification will die off.

$GEGI


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