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Very good to know!! $CHCX
Indeed is does CHCX strong
That is what sets this mining company apart from the others, diversification of all types of metals!! $CHCX
Just the start as well for CHCX
more great strategies !! $CHCX
The Company does not "put all of its eggs into one or two specialized ore baskets" which can cause economic uncertainties for it and its investor base from the ebbs and flows of macro-economic and micro-economic market conditions. Instead, CTGX applies a program of diversification in its mining projects and ore selections in order to protect its shareholders from the rise and fall of "individual" market fluctuations in order to ensure both short-term profitable returns on investment and long-term growth & sustainability for the company. If one market drops we have other products and markets to buffer and/or soften its adverse impact. CHCX
CTGX is committed to utilizing the latest in technological advances & equipment to maximize the efficiency and effectiveness of our operation which can result in lower operating costs and increased profit margins thereby further supporting the company's commitments to its shareholders, its environmental goals, and its social responsibility efforts. CHCX
is committed to environmentally-friendly mining to protect and preserve our planet. $CHCX
CHCX An example of one advanced technology that the company is exploring through its R&D is a technology that can possibly enhance the efficiency and effectiveness of its ore separation capabilities while not only protecting the environment but in fact creating potable water in the process along with clean energy (electricity) generation. It is this type of out-of-the-box thinking and innovation that this company is willing to embrace at the appropriate time.
yes indeed my friend, yes indeed $CHCX
Boron has many applications and uses from fiberglass, glass and ceramics to insecticides to laundry detergents to Health & Pharmaceutical applications to military applications (used in bullet proof vests for instance) to space vehicles $CHCX
Thats a great reason to invest in CHCX they have all angles covered!
If one market drops we have other products and markets to buffer and/or soften its adverse impact. $CHCX
really like what I see in CHCX
that right there is very possible!! $CHCX
a view of the operation, nice!! $CHCX
Cant wait to see 4s booooom CHCX
CTGX is committed to working with local communities to assess their needs and priorities; and work with them to enhance the quality of life for the entire community. Examples can range not only from the traditional jobs creation, but further to providing educational programs & opportunities for elevating the skillsets of a community. CTGX will be unveiling more about this exciting, unique, and innovative educational program & others that it is affiliated with in the future. CHCX
well put!! $CHCX
you can say that again. I am waiting for my buy in!!! $CHCX
CHCX watches out for the investors!
safety requirements are always in effect. $CHCX
Excited for tomorrow to come CHCX
In accordance with governmental regulations, requirements, and our own superior operating standards, CTGX Mining seeks to maintain strict monitoring and management of water (surface, ground, potable, sea…) air (dust and emissions), soils, noise, energy mining wastes, and bio-diversity throughout the life of our mining projects.
Statistics will be utilized to routinely measure our progresses and successes and areas of needed improvement(s). The following key safety performance indicators are used to measure success and track progress: Lost-time incidents (LTIs) are any work-related that requires an employee or contractor to take time off work; the lost-time incident frequency rate (LTIFR) is the number of incidents per million man-hours worked. Occupational diseases result from workplace exposure to a chemical, physical, or biological agent, such as lead-poisoning or heat stroke. The lost days rate (LDR) is the average number of work days lost per million man-hours worked.
Safety is one of our top priorities. The company recognizes the effects that an injury or illness can have on an employee, and employee’s family, and employee’s community, and on our operations both short-term and long-term. As such, we will always strive to provide and ensure that all employees receive and attend (as appropriate to each work group) regular safety training classes for their protection and the protection of their fellow workers. To this end, the company will always set ambitious health and safety standards and goals at all of our locations as we endeavor to achieve our ultimate goal of zero work-related injuries.
This is a virgin, open-pit type of operation where the mining will be performed utilizing the latest and most sophisticated of equipment (inclusive of wash plants, trammels, conveyor systems and excavators) to be applied to a major stockpile operation. Further exploration will be conducted by analyzing earth substrata for further subsurface water and mineral deposits using cutting edge, proven technology. CHCX
Taking into account the outcome of analyses of polls running very favorable to the depth of 30 meters, reserve calculations could be:
For Gold (AU): = 300,000.00 tons of gold element family products
For Lithium (Li): = 2,410,995.00 tons of lithium carbonate
For Boron {B}: = 2,898,000.00 tons of boron
For Sodium (Na): = 90,033,615.00 tons of sodium
For Potassium (K): = 4I,313,825.00 tons of potassium
For Magnesium (Mg): = 126,735.00 tons of magnesium
The lake is full of sediments containing the potential for economically significant amounts of Gold (Au), Lithium (Li), Bentonite (N/A), Boron (B), Manganese (Mn), Magnesium (Mg) and Potassium (K). Additionally, there are significant amounts of the rare earths Cerium (Ce), Lanthanum (La) and Scandium (Sc) as well as other valuable reserves such as Vanadium (V) and Strontium (Sr).
Initial exploratory work was conducted and six holes were drilled at the margins of the lake with 238 sediment samples collected. Nearly ½ ton of soil samples from around the lake bed and down to a depth of 30 meters were taken for analysis. An initial geological study and report was completed in June 2011, and a second independent study and report was completed in September 2012 which not only confirmed the estimates of the first report, but indicated that there were also substantial amounts of rare earth elements which were available for commercial purposes as well.
That post puts them in a high ranking in my book!! $CHCX
An example of one advanced technology that the company is exploring through its R&D is a technology that can possibly enhance the efficiency and effectiveness of its ore separation capabilities while not only protecting the environment but in fact creating potable water in the process along with clean energy (electricity) generation. It is this type of out-of-the-box thinking and innovation that this company is willing to embrace at the appropriate time. $CHCX
Nothing says it better!! $CHCX
I will be loading up as welll!!!! $CHCX
The Concession is essentially a series of claims that surround the vast majority of the lake. Roads, including the National Highway, provide excellent existing access throughout the area and all the way to two commercial ports. The area also has good infrastructure—water, electricity, phone, hotels, a national airport and other services.
smart plan in place $CHCX
The location of CTGX’s Mexican project is unique because of the size of the Concession, 22,896 hectares (over 56,000 acres), that includes and surrounds Laguna Cuitzeo, a large, very shallow (less than two meters in the rainy season) lake bed that is 50 kilometers long, and averages about eight kilometers wide located in the northern part of the state of Michoacan.
Mr. Trombley is a visionary and motivational leader who brings executive
management skills ranging from strategic planning to budgeting & finance, to sales
& marketing, to program & organizational development, to customer relations and
personnel motivation. He brings with him an innate ability to not only focus and
strategically plan for the continued long term growth of a company but also has the
ability to prioritize the immediate and short term needs & direction of the company
to maximize operational efficiencies & effectiveness in order to ensure both short
term and long term profitability for the company and the ROI for its investors.
With an M.P.A. and B.A. in Political Science from California State University at
Long Beach, Mr. Trombley brings over 30 years of senior management and sales
experience in various industries including electric vehicles & all electric buses,
commercial real estate and commercial real estate development, stadium &
convention center management, as well as management experience in the public
sector. CHCX
CTGX Mining, Inc. is committed to operating safely, responsibly, and efficiently utilizing the latest in technological advances in its operations. Our employees are our most valuable assets and a key to our long-term growth and sustainability. Chancellor is committed to the creation of a safe work environment that allows its employees to grow and maximize their potential & career advancement opportunities within their chosen careers
CTGX Mining, Inc. is dedicated to protecting the environment, leaving a beautiful environmental legacy behind, and being a positive influence for short and long-term benefits to the local indigenous population & communities located near its mines. CHCX
The company strives to maintain high ethical standards and respect for the law and is committed to being environmentally and socially responsible within the communities in which it operates.
We are committed to responsible stewardship to our employees, our community, and our environment.
Through the development of its diverse and multiple mineral product line (e.g., gold, silver, lithium, magnesium, boron, copper, potassium, and various rare earths) the company is able to develop multiple revenue streams to not only enhance its portfolio and returns, but to also provide buffers against economic downturns in any one industry. While gold and rare earths are the company’s main product lines and focus, developing numerous secondary product revenue lines is important to the company’s long-term financial stability and growth on behalf of its shareholders
I will be loading more in the morning CHCX
smart plan in place $CHCX
The more I read the better I like CHCX!
Undervalued indeed, but lucky for us at the moment, before it breaks out. $CHCX
Indeed cant go wrong with CHCX
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OVERVIEW
CTGX Mining, Inc. is an American mining company with international mining operations focused on gold, silver, lithium and other valuable ores & rare earth elements using the latest in technological advancements & equipment to maximize the efficiency and effectiveness of its operations while protecting the environment and supporting the local, indigenous populations at each of its project sites to improve their quality of life in an effort to create long-term sustainability and profits for the company and its shareholders. The Company is a Florida corporation and is controlled by Chancellor Investments, Ltd., a Nevada corporation who own 94% of the issued and outstanding stock of the Company.
CTGX Mining, Inc. currently has mining concession rights (through its subsidiary company Chancellor Mining and Minerals, Mexico which it owns 95% of) to a very large mining project in Mexico.
In Mexico, the location and opportunity are unique because of the size of the Concession and the estimate of probable reserves of gold, lithium, potassium, boron and other minerals and rare earths. In Mexico, the company has the mining concessions and rights to 22,896 hectares (over 55,000 acres) of land that includes and surrounds Laguna Cuitzeo, a large and very shallow (less than two meters in the rainy season) lake bed that is 50 kilometers long and averages about eight kilometers wide, located in the part of the state of Michoacan. The company is preparing to begin operations on potentially one of the largest reserves of gold, lithium, other ores and rare earth element mining fields (via an open pit mining operation) in the Western Hemisphere.
CURRENT MINING PROJECTS
CTGX Mining, Inc. currently owns a major and very valuable gold, lithium, other ores and rare earth elements mining project (Mining Concessions rights) in Mexico - referred to as Relampago 2 or The Lake Cuitzeo Mining Project.
The location of CTGX’s Mexican project is unique because of the size of the Concession, 22,896 hectares (over 56,000 acres), that includes and surrounds Laguna Cuitzeo, a large, very shallow (less than two meters in the rainy season) lake bed that is 50 kilometers long, and averages about eight kilometers wide located in the northern part of the state of Michoacan.
The Concession is essentially a series of claims that surround the vast majority of the lake. Roads, including the National Highway, provide excellent existing access throughout the area and all the way to two commercial ports. The area also has good infrastructure—water, electricity, phone, hotels, a national airport and other services.
Initial exploratory work was conducted and six holes were drilled at the margins of the lake with 238 sediment samples collected. Nearly ½ ton of soil samples from around the lake bed and down to a depth of 30 meters were taken for analysis. An initial geological study and report was completed in June 2011, and a second independent study and report was completed in September 2012 which not only confirmed the estimates of the first report, but indicated that there were also substantial amounts of rare earth elements which were available for commercial purposes as well.
The quantity and diversity of ores available (from gold & lithium to boron & many rare earths) makes this a very unusual and very exciting project. This project has the potential to make it one of the largest gold reserves in the Western Hemisphere.
The lake is full of sediments containing the potential for economically significant amounts of Gold (Au), Lithium (Li), Bentonite (N/A), Boron (B), Manganese (Mn), Magnesium (Mg) and Potassium (K). Additionally, there are significant amounts of the rare earths Cerium (Ce), Lanthanum (La) and Scandium (Sc) as well as other valuable reserves such as Vanadium (V) and Strontium (Sr).
For the June 2011 Geological Report, Click Here
For the September 2013 Geological Report Executive Summary, Click Here
For the September 2013 Geological Detailed Report, Click Here
ESTIMATION OF PROBABLE RESERVES
Taking into account the outcome of analyses of polls running very favorable to the depth of 30 meters, reserve calculations could be:
For Gold (AU): = 300,000.00 tons of gold element family products
For Lithium (Li): = 2,410,995.00 tons of lithium carbonate
For Boron {B}: = 2,898,000.00 tons of boron
For Sodium (Na): = 90,033,615.00 tons of sodium
For Potassium (K): = 4I,313,825.00 tons of potassium
For Magnesium (Mg): = 126,735.00 tons of magnesium
From the latest geological report’s analysis we should also be having additional ores available for commercial marketability purposes from the Rare Earth Elements (REEs) discovered as well. For the gold element, at a spot price of $1,500 an ounce of gold, the value of the probable reserves would be in excess of $ 14 trillion dollars (US) for the gold reserves alone.
This is a virgin, open-pit type of operation where the mining will be performed utilizing the latest and most sophisticated of equipment (inclusive of wash plants, trammels, conveyor systems and excavators) to be applied to a major stockpile operation. Further exploration will be conducted by analyzing earth substrata for further subsurface water and mineral deposits using cutting edge, proven technology.
Reports are available by e-mail request only: REQUEST HERE (Please specifiy report(s) being requested)
RESOURCES & RESERVES
Following is information about CTGX’s probable reserves.
Definitions
Probable Mineral Reserves – A probably mineral reserve is the economically mineable part of an indicated, and in some circumstances, a measured mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, and economic & other relevant factors that demonstrate, the time of reporting, that economic extraction can be justified.
Projects – Estimation of Probable Reserves
Mexico – Lake Cuitzeo “Relampago II”
Gold (AU): = 300,000.00 tons of gold element family products
Lithium (Li): = 2,410,995.00 tons of lithium carbonate
Boron {B}: = 2,898,000.00 tons of boron
Sodium (Na): = 90,033,615.00 tons of sodium
Potassium (K): = 4I,313,825.00 tons of potassium
Magnesium (Mg): = 126,735.00 tons of magnesium
Rare Earth Elements = A number of different Rare Earth Elements will be available, but quantities
are undetermined at this time.
From the latest geological report’s analysis, it is estimated that at the Relampago II project in Mexico there will also be substantial deposits of the rare earths Cerium (Ce), Lanthanum (La) and Scandium (Sc) as well as other valuable reserves such as Vanadium (V) and Strontium (Sr) for commercial marketability purposes as well.
The stock symbol for CTGX Mining, Inc. is CHCX
Listed on the Over the Counter Market: http://www.otcmarkets.com/stock/CHCX/quote
FINANCIAL STATEMENTS
Market Value1 | $2,165,997 | a/o Jun 20, 2014 |
Shares Outstanding | 27,074,968 | a/o Mar 31, 2014 |
Float | 2,074,698 | a/o Mar 31, 2014 |
Authorized Shares | 250,000,000 | a/o Mar 31, 2014 |
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