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Casablanca Mining Ltd. (fka CUAU)

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Last Post: 10/19/2018 2:55:00 PM - Followers: 17 - Board type: Free - Posts Today: 0

Casablanca Mining Ltd. is a publicly held Nevada corporation, whose common stock trades on the OTCQX under the trading symbol "CUAU."  It is an exploration stage mining company that engages in the acquisition, exploration, and operation of precious metals properties in Chile.  Its wholly owned subsidiary, Santa Teresa Minerals, S.A., owns an active gold mine in Quilpue, Chile, under its operating subsidiary, Free Gold Company.  This gold mine is currently operating at an average of 2,500 metric tons of material per month which generates approximately $102,000 per month in revenues at a cost of approximately $28,000 per month.  The company owns certain mining rights in five mineral exploration properties collectively called the "Casuto Project,"  and 60% of Fast Cooper, S.A., which owns a proprietary mineral extraction technology using a patent-pending electrolysis method of electro-mining.  Santa Teresa's principal offices are located in Santiago Chile and its principal mining operations are based in Quilpue, Chile, approximately 60 kilometers from Santiago.  In February 2012, Santa Teresa MInerals sold its 60% interest in Sulfatos Chile, S.A. to Bluestone SA in exchange for the cancellation of debt, cash and stock representing a 20% interest in Bluestone at the time.  Sulfatos Chile owns the Anico Copper Mine and is buidling a copper sulfate production facility.

Company website:


Principal Executive Office:
2368 Second Ave, San Diego, CA 92101

Company Officers and Directors: [From 10K filed 4/16/12 and 8K 6/11/12 and 8K of 8/31/2012]

Juan Carlos Camus Villegas: CEO and Chairman of the Board
Thomas Ronk: President, Director
Mark Zouvas: CFO. Director
Trisha Malone: Corporate Secretary
William Farley: Director
Robert Dickey: Director

Outstanding shares:
  60,977,521 as of  04/29/2013

Authorized Shares:

  100,000,000 as of 08/20/2012

Cash on hand

  $2,297.00  as of 12/31/2012


Free Gold in an active mining operation in the province of Quilpue, Chile. Within this 765-hectare property, the Marga-Marga stream has revealed numerous terraces, which have been explored and mined since before the arrival of the Spanish in the 1500s. Even so, the Marga-Marga region is one of Chile's most prolific mining areas, and Free Gold holds an estimated 400,000 ounces of gold reserves. Current operations generate $102,000 per month in revenue. Casablanca Mining will invest $1 million to build a facility capable of processing 20,000 cubic meters of soil per month. Within twelve months, Free Gold will generate more than $1 million per month in revenue.
A NI 43-101 report has been completed on the property by Fladgate Exploration Consulting Corporation.  See the full report at: http://sec.gov/Archives/edgar/data/1454007/000114420411037275/v226859_ex99-2.htm


The Casuto Washer is legendary in Chilean mining lore for its rich deposits of gold. Located 20 km north of the capital city of Los Vilos in the province of Choapa, the 25 mineral exploration properties on this 6,800-hectare site include several gold-bearing washers and numerous gold and copper-gold deposits. Casuto was first mined in the 1880s, but much of the potential has remained untapped. Surveys of the area indicate the potential for 3 million ounces of alluvial gold in the deposit, and un-mined terraces potentially contain additional gold reserves. This property has been appraised at $106,118,567 U.S. and is projected to become one of the world's most productive gold mines.


New Gold, located in the Rancagua region of Chile is our most recent acquisition.  This hard rock mining operation first came online in 1995, but continues to hold high concentrations of gold. Casablanca Mining holds majority ownership of this property, and will begin operations at the New Gold in the fourth quarter of 2011.

Source: http://casablancamining.com


A successful mining operation depends upon a readily accessible supply of ore and an efficient, cost-effective method for processing it into marketable commodities. As supplies of high-grade ore from many of the world's largest mining operations plateau or tail off, processing ore quickly and profitably has become a greater challenge. Casablanca Mining has majority interest in Fast Cooper, a company that has developed proprietary technology called electro-mining that extract coppers, silver and gold from raw mining materials using electrolysis. This technology is much faster and less expensive than traditional metal refining processes.

Faster, less expensive and more environmentally friendly

  • Traditional copper refining processes take 25 days to recuperate copper from raw mining materials. 
  • Electro-mining can process copper in 2.5 days - 10 times faster - and at half the cost, making it 20 times more efficient than any other processing technology in the world. 
  • Electro-mining conserves water, requires minimal cleanup, and allows us to recapture and reuse all chemicals, minimizing environmental impact.

Patented technology with tremendous revenue potential

The electro-mining process is patented in Chile and South Africa, with patents pending in the US, Canada, China, Brazil and Colombia. In light of its proven advantages over traditional extraction methods, we expect that this technology will quickly gain traction in the market, creating a new licensing revenue stream completely separate from Casablanca's own mining operations. Implementation and licensing of electro-mining technology is projected to generate $3,550,023 in revenue in 2012.

Standard & Poors Profile: 


SEC Filings:

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#301   What a nice way to start the day: sidedraft 10/19/18 02:55:00 PM
#300   CUAU revoked registration: Renee 10/19/18 09:32:43 AM
#299   And the SEC said to Ronk, we don't sidedraft 10/02/18 12:03:48 PM
#298   Interesting read. Thanks for sharing. Doe 3 09/28/18 10:58:19 PM
#297   https://www.sec.gov/litigation/complaints/2018/comp24297.pdf Ole Broke Azz 09/28/18 03:02:49 PM
#296   Greys, trips, followed by iHub adding fka to sidedraft 08/31/18 11:45:07 PM
#295   CUAU SEC SUSPENSION TenKay 08/31/18 09:36:44 AM
#294   all out here. get em early before the posts!!! TrendTrade2016 08/05/18 06:13:51 AM
#293   Yup Funnguy77 08/02/18 12:37:49 PM
#292   Quite the pump job here by BMM this GaiusGracchus 08/02/18 11:40:39 AM
#291   Is that normal thin or anorexic. EmptyBones 08/01/18 12:23:12 PM
#290   lol EB... very bad day now.. EmptyBones 08/01/18 12:18:56 PM
#289   Adding down here Stacking goods 08/01/18 10:16:30 AM
#288   Seems like selling drying out here Stacking goods 08/01/18 09:41:08 AM
#287   sold most have a few left TrendTrade2016 08/01/18 05:19:13 AM
#286   Understatement of the decade.....lolol......et z Zardiw 07/31/18 10:43:56 PM
#285   The Drop......yesterday.....but fk me......up 200% today......lol.............et z Zardiw 07/31/18 10:41:29 PM
#284   Very nice day here.. EmptyBones 07/31/18 06:38:47 PM
#283   when where and why? TrendTrade2016 07/31/18 05:18:04 PM
#282   Major thin Stacking goods 07/31/18 03:24:22 PM
#281   What happened?............et z Zardiw 07/31/18 08:56:20 AM
#280   CUAU beauty TrendTrade2016 07/27/18 06:22:08 PM
#279   CUAU been picking the cheapies up ...lets roll!!! TrendTrade2016 07/26/18 11:02:05 AM
#278   Interesting stuff. Thanks. eom. Doe 3 05/11/18 10:28:24 PM
#277   Looks like Angelique won't go to prison for sidedraft 05/11/18 09:07:29 PM
#276   It would appear that the cosmic genius is sidedraft 05/11/18 08:24:53 PM
#275   I'll have to look up the answer to sidedraft 05/11/18 07:38:44 PM
#274   Did Zirks wife ever get time? I suspect Doe 3 05/11/18 07:06:34 PM
#273   So, if someone wanted to buy some shares sidedraft 05/11/18 02:15:56 PM
#272   Let's see, this gem is supposed to be sidedraft 05/11/18 01:25:42 PM
#271   Release date of 2025? Wow! Doe 3 01/24/18 10:40:15 AM
#270   Now he is locked up at Brooklyn, NY. sidedraft 01/23/18 06:48:49 PM
#269   Wow. Too bad his buddy Eade didn't get Doe 3 02/06/17 07:51:52 PM
#268   Over 12 years in prison for Zirk. sidedraft 02/06/17 05:26:22 PM
#267   Second alert on CUAU being severely delinquent in Renee 07/10/16 09:57:12 AM
#265   I'm not aware of any updates, but that Renee 12/14/15 09:33:45 PM
#264   Any updates on Casablanca? MTW 12/14/15 09:02:07 PM
#263   SEC expands fraud case to include Lenco Mobile, StockdungU 12/09/15 06:53:49 PM
#262   Stay tuned- can't give much on details yet Magnetics 06/26/15 10:35:02 AM
#261   Where might one first see that news? sidedraft 06/26/15 12:02:13 AM
#260   So called Casablanca Mining, we have been watching Magnetics 06/25/15 02:26:19 PM
#259   Talk about low hanging fruit. The last sidedraft 04/13/15 08:08:41 PM
#258   CUAU is severely delinquent in filing their Financials Renee 02/22/15 08:44:54 AM
#257   That's pretty sad when they can't afford to Doe 3 11/28/14 09:33:17 AM
#256   The status at the Nevada SOS: sidedraft 11/27/14 01:34:10 AM
#255   Where did the website go? sidedraft 02/14/14 12:34:46 AM
#254   The last two SEC filings[10Q] are late. sidedraft 12/22/13 02:28:18 AM
#253   This gem really hit the skids around Mar. sidedraft 12/20/13 12:45:14 AM
#252   Get ready for another Rally first of the Decarz 12/05/13 02:33:41 PM
#250   Angelique de Maison still owns a boatload of sidedraft 10/16/13 12:07:46 PM