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Tidalwave Holdings Inc.
Tidalwave Holdings, Inc. is a diversified holding company with strategic interests across the metals exploration, recovery and processing industries. Under new management since 2008, Tidalwave Holdings is pursuing a vision of growth marked by cost-effective, targeted acquisitions and projects development that are accretive to overall company earnings and shareholder value. Its initiatives across the metals industries exhibit this through its execution of acquisitions and involvement in global projects with minimal cost to potential ROI ratios.
Its assets include wholly-owned subsidiary Noble Metals Processing, LLC, an environment-friendly metals processor and recovery plant in Mariposa County, CA and the nearby Triumph Mine.
The company’s mission is to aggressively position itself as a major metals processor and precious metals exploration and recovery group throughout the metals industry, from precious metals recovery including gold, silver and platinum, to metals processing and repurposing for diverse secondary industries using copper, titanium and more. Management’s vision of growth is already being implemented with closed, pending, and developing acquisitions of real estate, subsidiary business targets, and joint ventures in horizontal and vertically positioned sectors of the diverse metals industry in an age of rapid expansion and technological innovation.
http://www.tidalwaveholdingsinc.com/index.html
Noble Metals Processing
Noble Metals Processing (NMP) is an established precious metals recovery company with a pivotal opportunity for its plant in Mariposa county near the legendary Triumph and Diltz mines (of Mother Lode fame). The only processing plant of its kind within 150 miles, NMP is planning to change its strategic direction with regards to the Mariposa Operation that will offer the opportunity to process ore year round.
Our plan is to bring a new component into to the system that will enable the process to run in both moist and dry weather, thus avoiding delays due to rain and moisture. The company has a Ball Mill and plans to make the operational change. Upon installation of the Ball Mill equipment, NMP Mariposa will begin gold and silver recovery from the existing Triumph Mine tailings (approximately 4,000 tons), along with production from six existing Lode-quality gold veins.
Additionally, NMP has been approached by several mines in the area (including the Diltz Mine), to process ore for them directly, either on a fee basis or a potential joint venture. These agreements are in their early stages, with the realization that NMP will be the only processing operation within a 150 mile radius. Demand has indicated that processing for both the Diltz and other local mines has the capacity to last for several years.
http://www.tidalwaveholdingsinc.com/noble.html
The Triumph Mine
The Triumph mine is located in the foothills of Yosemite National Park in the gold-rich Mariposa County, which contributed more than 1.56 million ounces of gold production from 1880 to 1959. The Triumph Mine was a significant “Lode” gold producer from the Mother Lode type crystalline gold veins in the county. Its topography is a steeply west sloping hillside on more north –south quartz veins on a north – south oriented 20 acre mine claim. It was a very significant producer of gold at the turn of the century. The town of Whitlock was once located nearby, just west of the mine, and during Triumph’s full production, the town of 1,500 residents were mostly miners. From 1887 to the present, the mine was in production twice, the first period of production yielding 40,000 ounces of gold, with the second period yielding 30,000 ounces. In its time, it was considered one of the highest grade “pocket gold” vein mines, with one pocket recovering $18,000 of gold (at $20 an ounce), or 900 ounces that at $620 per ounce is $558,000!
Due to this nugget-like distribution of gold particles in the quartz vein, together with hand picking techniques for sorting only higher grade quantities, and lack of efficient water pumps, the Triumph Mine, like the nearby Dlitz mine and other Mother Lode producers along California’s famed “Gold Chain” of towns, still holds immense value in just the tailings, or mine dumps, alone. Because, with the amount of coarse gold in the ore shoots, much of the time only the most visible gold would be recovered by the hand sorting methods used. Any gold ores in the wall rocks and lost fine gold particles from the blasting activities were simply lost in the dumps. Today’s recovery methods are proving profitable at the nearby Diltz mine (2 miles away) where gold has been consistently recovered in two different gravity separation plants built there.
Geologist R. Blackler in 1993, through fire assays of 6 veins yielded an average of 1.80 ounces per ton at the Triumph mine. In September, 2006 Geologist Chris Shaw estimated that $2,790,000.00 of gold could be recovered from Triumph’s mine dump alone, arbitrarily using a much lower figure of .15 opt which - according to Shaw with respect to Blackler’s fire-assayed results - “shows the conservative nature of value of the mine dumps”.
The company intends to recover gold from the Triumph tailings at its nearby Noble Metals Processing facility and bring the Triumph back into production because of the presence of more lode gold unobtainable by early mining practices. Deeper ores were left behind due to strong inflows of water that early mining pumps simply could not handle, but that would be no problem with today’s technology. “The sale or beneficial use of the water produced from these gold mines, if put back into production, could enhance the profitability of the mine.” Mr. Shaw noted. The company also intends to acquire and/or partner with other claim owners in the Gold Chain area, to consolidate the properties into a modern gold recovery operation benefiting from economies of scale as well as modern techniques. As Mr. Shaw concludes, “The fact that the Mother Lode gold area has not been consolidated into modern working mines represents one of the greatest gold mining opportunities in the United States, if not the world.”
http://www.tidalwaveholdingsinc.com/triumph.html
http://www.tidalwaveholdingsinc.com/images/Full.pdf
Authorized Common Stock: 200,000,000 shares
Authorized Series 1 Preferred: 2,000,000 shares
Authorized Series 2 Preferred: 6,000,000 shares
Shares Issued & Outstanding: 22,608,860 (Sept. 1, 2008)
http://www.tidalwaveholdingsinc.com/investors.html
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