Mission Mining Company is a US Gold and Silver Exploration company trading on OTC Pink Sheets under symbol MISM. The Company has expanded its business model to focus on the acquisition and development of large US gold and silver mining properties. Management's primary goal is to rapidly place its resource-rich mining properties into production in order to generate substantial revenues and profits for the Company, increasing stock price and stability. The Company has posted over $400 Million in total assets to its Financials on OTC Pink Sheets, and anticipates confirmation of similar values in its forthcoming audit by Silberstein Ungar, PLLC, a PCAOB auditing firm.
Mission Mining has acquired 100% ownership in the Gold Star Mine, a large alluvial desert placer gold mining property in western Nevada made up of six BLM claims totaling 960 acres. A Valuation Report prepared in 2010, based on historical trenching, augering, and assaying, suggests the existence of extremely significant amounts of gold and silver resources from the surface to 30 feet depth.
The Company has executed an Agreement for a 49-year automatically renewable lease to mine and operate the El Dorado Mine located in San Bernardino County, California. The El Dorado mining property is made up of seventeen 20-acre BLM lode claims. Professional geological reports, based on surface samples, indicate the El Dorado Mine to be an extremely resource-rich property holding significant quantities of gold and platinum group metals, with initial indications of the presence of rare earth elements. A geological valuation report prepared in 2009, summarizing all the historical geological test data available on the El Dorado Mine, indicates the probable existence of significant amounts of precious metals resources, including gold, platinum, paladium, rhodium, rhenium, and iridium. The historical geological reports appear to indicate that El Dorado may hold an extremely large deposit of Rhenium.
The Company has expanded its business model to focus on the acquisition and development of large US gold and silver mining properties. This business strategy represents the most promising opportunity in the history of the Company to generate substantial revenues and profits. Management's primary goal is to generate substantial revenues and profits for the Company, while increasing stock price and stability on behalf of its shareholders.
NOTICE Regarding National Instrument 43-101 Report
The British Columbia Securities Commission (BCSC) has published a notice to the effect that the National Instrument (NI) 43-101 report issued in respect of Mission Mining Company’s Gold Star mine in Esmeralda County, Nevada, dated November 11, 2013, as authored and published by Zivkovic Geophysical Investigations, LLC, does not comply with regulations and / or standards regarding NI 43-101 reports, as published by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).
As a result thereof, Mission Mining Company has removed the above referenced report as received from Zivkovic Geophysical Investigations, LLC from the company’s website.
Mission Mining Company apologizes for this issue and status, as well as for any inconvenience caused to any visitor to the website occasioned by the prior publication of the report on the company’s website.
Mission Mining Company is also chagrined and disappointed at this turn of events, as Zivkovic Geophysical Investigations, LLC represented to Mission Mining Company, and Mission Mining Company relied upon such representations when Zivkovic Geophysical Investigations, LLC was retained by the company to produce the subject report, that the subject report to be provided to Mission Mining Company would fully comply with all NI 43-101 regulations and standards.
While the report as received by Mission Mining Company supported the quantities of in-ground metals as previously reported on the company’s web site to within a small percentage variation, Mission Mining Company has now been advised that certain technical requirements were not complied with, including the filing of the report with the proper Canadian regulatory authorities, and that certain standards involving the permissible date(s) of certain testing results – including both the reporting of inferred reserves and in terms of the proximity of the dates thereof to the date of the issuance of the report – were not within the permissible standards and / or time frames set as standards by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), so as to be a fully complying NI 43-101 report.
Upon learning of this issue / status, Mission Mining Company initially requested that Zivkovic Geophysical Investigations, LLC fulfill its obligation to Mission Mining Company and take the remedial and additional steps and actions which were required to make the report a fully qualifying NI 43-101 report. To Mission Mining Company’s surprise, Zivkovic Geophysical Investigations, LLC has declined to undertake such work. Mission Mining Company is now exploring its legal options in respect of pursuing claims against Zivkovic Geophysical Investigations, LLC, and fully intends to procure a fully qualifying NI 43-101 report in respect of the subject property in the coming months. Mission Mining Company believes that the previously reported quantities and values (as supported by the report in question) will again be validated and supported when a fully qualifying NI 43-101 report can be obtained.
Respectfully submitted by Carlton Wingett, CEO, as of this 23rd day of December 2013.
| Reporting Status || Alternative Reporting Standard |
Deregistered a/o Sep 20, 2004
| Audited Financials || Unaudited |
| Latest Report || Sep 30, 2013 Interim Financial Report |
| CIK || 0001041633 |
| Fiscal Year End || 12/31 |
| OTC Marketplace || OTC Pink Current |
| SIC - Industry Classification || 1040 - Gold and Silver Ores |
| Incorporated In: || WY, USA |
| Year of Inc. || 1996 |
| Employees || 6 a/o Mar 31, 2013 |
- Formerly=Enviroxtract, Inc. until 1-2013
- Formerly=Cambridge Energy Corp. until 8-2009
Service Providers Auditor/Accountant Legal Counsel Investor Relations Firm
MISM Security Details
| Market Value1 || $1,999,349 || a/o Oct 22, 2013 |
| Shares Outstanding || 39,986,974 || a/o Sep 30, 2013 |
| Float || 11,592,858 || a/o Sep 30, 2013 |
| Authorized Shares || 1,000,000,000 || a/o Sep 30, 2013 |
| Par Value || 0.001 |
| Shareholders of Record || 265 || a/o Sep 30, 2013 |
- Capital Change=shs decreased by 1 for 500 split Pay date=03/11/2010.
- Capital Change=shs decreased by 1 for 1000 split Pay date=10/28/2010.
- Capital Change=shs decreased by 1 for 1000 split Pay date=04/15/2011.
- Capital Change=shs decreased by 1 for 1000 split. Ex-date=01/04/2013.
Transfer Agent(s) Olde Monmouth Stock Transfer Co., Inc.
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