PhyHealth Corp. PYHH --- NAME CHANGE to OSCEOLA GOLD
The Skookum Geologic Report examined historical records and included thousands of samples from different depths in the claims. At the time of the report, gold was trading at $1,000 per ounce. All values in the Geologic Report are based on $1,000 per ounce gold. The report indicates an average value of $117 per cubic yard with increasing gold concentrations with depth. Further, the report concludes that this estimate is highly conservative.
The Geologic Report estimates the value of the gold reserves of the Mav claims to be from $300 million to $500 million.
Plan of Operation
With the current equipment, Osceola Gold Inc can process up to 6,000 cubic yards a day of gold producing deposits, with an avgerage return of $40- $55 per cubic yard.
The mining operation consists of thirteen claims totaling approximately 980 acres. The Claims are placer alluvial deposits which are deposits made by mountain water run-off from the Snake Mountain Range through the Mary Ann Canyon. The Geologist Report, from 2010, indicates an average value of $117 per cubic yard, at a gold price of $1,000 which would equate to over $175 per cubic yard at gold prices of $1,200 per ounce. The report indicated increasing gold concentrations at greater depths.
What's so exciting now
? 1. Secures Final Tranche of Funding and Organizes to Commence Gold Processing Operations
2. Concluded testing at the mine with the evaluation of 22 test holes spanning the 20-acre claim
3. Operation Pictures posted to Facebook: https://www.facebook.com/osceolagoldinc/
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WELL, WHILE WE'RE WAITING - HERE'S SOMETHING OF INTEREST FROM A PUBLIC FILING (6/30/16):
These are the folks selling shares to gullible investors.
Any familiar names (besides the convicted pill pusher/sex offender, Dr. Stonger)?