I lose more times than I win... but sometimes I win big.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We will have to agree to disagree on this subject.
Regardless of the SEC opinion on the subject, a more stringent verification and validation of the credible estimated MEASURED resources at Gold Star Mine by a certified geologist should be music to the ears of ALL MISM investors.
It would be foolish for all of us pretend geologists to question the findings of a real geologist willing to sign his name to an NI 43-101 Resource Estimate Report.
You are absolutely incorrect.
So long as the mining property meets SEC Industry Guide 7 requirements for insertion into a public company, (which MISM has stated in the past that its mining properties are in such compliance), the SEC is completely satisfied.
An NI 43-101 Report, based on Canadian standards, only provides an additional and more current layer of credibility to the resource estimates stated by the company under SEC Industry Guide 7 standards. It is a like obtaining a second opinion from a specialist, in this case a geologist meeting all the requirements of the more stringent Canadian National Instruments standards.
The SEC welcomes any additional verification and validation by a certified geologist on resource estimates at any given US mining property. It is almost like adding insurance to the less stringent SEC Industry Guide 7 requirement.
Yes. And I understand anyone being skeptical based on past history.
However, I also notice that the same 5 or 6 people who make up 90% of the posts on this board seem to have made bashing MISM a team sport.
The Company now has a top-drawer NY Securities Attorney in Matthew McMurdo... no longer Don Paradiso.
The Company has hired one of the top PCAOB accounting/auditing firms in the USA... Silberstein Ungar, PLLC.
The Company has apparently obtained an NI 43-101 Report on its Gold Star Mine to prove up the resource values... in spite of the fact that they are not required to have an NI 43-101 in the USA. Typically, US mining companies get a 43-101 when they are seeking funding for their mining projects. It is almost a defacto requirement in the global mining investment community to obtain a 43-101 report. If MISM is seeking funding and gets funding, isn't that GOOD NEWS for investors?
Let's wait a few days and see if they publish the 43-101 Report before calling them liars. If they are lying, I will be first in line to demand action against MISM.
$MISM NI 43-101 report confirms 17.2 million oz gold, 148.3 million oz silver at Gold Star Mine
Mission Mining Company obtains an NI 43-101 Report on the Company’s Gold Star Mine located in Nevada. The report confirms total Measured mineral resources of 17.2 million oz gold and 148.3 million oz silver in the top 30 feet of surface material.
http://www.prlog.org/12241185-mism-ni-43-101-report-confirms-172-million-oz-gold-1483-million-oz-silver-at-gold-star-mine.html
WOW... Even a fresh NI 43-101 Resource Report is not enough to convince the regular group of MISM BOARD BASHERS that Mission Mining Company just might be worth a fresh look.
History aside... A certified geologist DOES NOT AWARD A COMPANY UNSUBSTANTIATED RESOURCE NUMBERS IN HIS NI 43-101 RESOURCE REPORT IF HE DOES NOT BELIEVE THEY ARE REAL.
But, children will be children. Keep up the bashing if it makes you feel better about yourself.
Some investors might be interested in watching what happens next with Mission Mining Company and deciding for themselves.
HUGE NEWS out today for MISM !!
NI 43-101 Report Confirms Approximately $25.5 Billion in Measured Gold and Silver Resources at Mission Mining Company’s Gold Star Mine in Nevada
LAS VEGAS--(BUSINESS WIRE)--Mission Mining Company (OTC: MISM) - Mission Mining Company (MISM) today announced that the Company has received a National Instrument (‘NI’) 43-101 Mineral Resource Estimate Report by Zivkovic Geophysical Investigations, LLC, on the Company’s Gold Star Mine located in western Nevada. The report confirms total Measured mineral resources of 17.2 million ounces of gold and 148.3 million ounces of silver located in the top 30 feet of surface material across the six Gold Star claims.
“Confirmation of approximately $25.5 Billion in Measured gold and silver resources at our Gold Star Mine is a highly significant event for Mission Mining Company and its shareholders,” stated CEO Carlton Wingett. “The results of this NI 43-101 Report have validated substantial quantities and concentrations of recoverable gold and silver ore at our Gold Star Mine. Based upon these findings, the Company will immediately pursue its business strategy to obtain the permits and funds necessary to place this immensely valuable mining property into production as quickly as possible.”
More info from www.MissionMining.com -
Mission Mining Company has engaged Zivkovic Geophysical Investigations, LLC, to prepare and submit an NI 43-101 Mineral Resource Estimate on the Company’s Gold Star Mine located in Esmeralda County, Nevada.
The Gold Star Mine is a large, alluvial, placer mining property holding significant gold and silver resources. It is located in Esmeralda County, Nevada, near the town of Goldfield. Gold Star is comprised of six U.S. Bureau of Land Management claims making up 960 acres of total land area. The property has been trenched, drilled, and tested on several occasions by certified geologists and mining engineers. The most recent geological valuation of the property was completed in 2010. Obtaining an NI 43-101 technical report for resource estimation and exploration potential in order to validate the historical drilling, testing, and assay data on the Gold Star Mine should prove extremely valuable to Mission Mining in pursuing its business plan to fund and place into production this immensely valuable mining property.
from the Company's website www.MissionMining.com -
Mission Mining Company is a US Gold and Silver Mining company. The Company posted over $400 Million in total assets in its Financials on OTC Pink Sheets. Mission Mining Company has acquired 100% ownership in the Gold Star Mine, a major gold mining property in western Nevada holding hundreds of billions of dollars in estimated gold and silver in-ground resources, based on certified historical drilling and testing data. This is a juggernaut mining property that promises to be a cornerstone development project under which Mission Mining plans to pursue the mining and production of gold and silver ores. The current NI 43-101 Resource Report is anticipated to verify approximately $30 Billion in Measured gold and silver resources to 30' depth.
The Company has executed a 49-year renewable lease for the El Dorado Mine in the San Benardino Mountain region of Southern California. The El Dorado is made up of seventeen lode claims showing an average of 4 ounces per ton of gold, in addition to silver and platinum group metals. The historical data on this property indicates that the El Dorado Mine might hold one of the world's largest deposits 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.
from the Mission Mining Wordpress Blog site:
$MISM – Mission Mining Company Pursues an NI 43-101 Resource Estimate Report on its Gold Star Mine located in Esmeralda County, Nevada
Mission Mining Company has engaged Zivkovic Geophysical Investigations, LLC, to prepare and submit a National Instrument (‘NI’) 43-101 Mineral Resource Estimate on the Company’s Gold Star Mine located in Esmeralda County, Nevada. The NI 43-101 technical report on gold and silver deposits will fully conform to the Canadian Institute of Mining Standards (CIM Standards) on Mineral Resources and Reserves, as well as conformation to NI 43-101 “Standards of Disclosure for Mineral Projects.” Vladimir B. Zivkovic, M.S., is the designated “Qualified Person”, as defined in NI 43-101, and will be responsible for the contents of the report. Dr. Zivkovic performed additional testing at the Gold Star Mine site in the past week in order to obtain all necessary data for completing the NI 43-101 report. Submission of the report is anticipated within 4-6 weeks.
The Gold Star Mine is a large, alluvial, placer mining property holding significant gold and silver resources. It is located in Esmeralda County, Nevada, near the town of Goldfield. Gold Star is comprised of six U.S. Bureau of Land Management claims making up 960 acres of total land area. The property has been trenched, drilled, and tested on several occasions by certified geologists and mining engineers. The most recent geological valuation of the property was completed in 2010. Obtaining an NI 43-101 technical report for resource estimation and exploration potential in order to validate the historical drilling, testing, and assay data on the Gold Star Mine should prove extremely valuable to Mission Mining in pursuing its business plan to fund and place into production this immensely valuable mining property.
Zivkovic Geophysical Investigations, LLC, is an established consulting firm located in Greely, Colorado, with extensive experience in the calculation of NI 43-101 compliant resource estimates. The company was founded by Vladimir B. Zivkovic, Ph.D., C.P.G., Q.E.P. Dr. Zivkovic is a graduate of Temple University with a Bachelors of Science Degree in Geology and a graduate of the University of Memphis with a Masters of Science Degree in Geology. Dr. Zivkovic earned his PhD in Geology from the University of North Dakota.
Zivkovic Geophysical Investigations, LLC, is a full service geophysical consultancy that specializes in advanced, magnetic, gravity surveys and electrical resistivity. Geophysical surveys are typically used in mineral exploration, geothermal exploration, oil and gas exploration, archeological investigations, and environmental investigations. Zivkovic Geophysical conducts its surveys using the most proven equipment and procedures. To ensure the quality of its results, Zivkovic Geophysical has implemented comprehensive acquisition techniques, data quality assurance procedures, interpretation procedures, and report formats.
Rate this:
Rate This
Mission Mining Company Commissions NI 43-101 Technical Report to Determine Gold and Silver Resource Estimates at Gold Star Mine
LAS VEGAS--(BUSINESS WIRE)--October 23, 2013--
Mission Mining Company (OTC: MISM) - Mission Mining Company is pleased to announce the formal engagement of Zivkovic Geophysical Investigations, LLC, to prepare and submit a National Instrument ('NI') 43-101 Mineral Resource Estimate Report on the Company's Gold Star Mine, a large, alluvial, placer mining property comprised of six U.S. Bureau of Land Management claims making up 960 acres of total land area located in Esmeralda County, Nevada.
The most recent geological valuation of the Gold Star property was completed in 2010. Based upon the data in this report, the current total value of Measured gold and silver resources residing in the top 30 feet of soil at the surface of the property is estimated at $30 Billion. Total in-ground resources at Gold Star are anticipated to report in the range of $400 Billion to $500 Billion. The completed NI 43-101 Report on Gold Star Mine will verify accurate quantities and values.
"Obtaining an NI 43-101 technical report for resource estimation and exploration potential to validate the historical trenching, drilling, testing, and assay data on the Gold Star Mine should prove extremely valuable to Mission Mining in pursuing its business plan to fund and place into production this immensely valuable mining property," stated Mission Mining CEO Carlton Wingett. "Confirmation of even a fraction of the property's total resources that meet the "CIM Standards of Disclosure for Mineral Projects" required to produce a certified NI 43-101 report could be a highly significant event for MISM shareholders."
"The NI 43-101 is the "geological reporting standard of the mining industry" and provides a solid basis for asset determination in meeting public company reporting requirements," continued Wingett. "It also is a necessary component for companies that are soliciting capital from financial institutions to fund and develop mining operations. The full Gold Star Mine NI 43-101 Resource Estimate Report is expected to be available for release within 4-6 weeks."
About Zivkovic Geophysical Investigations, LLC
Zivkovic Geophysical Investigations, LLC, is an established geophysical consulting firm located in Greely, Colorado, with extensive experience in the calculation of NI 43-101 compliant resource estimates. The company was founded by Vladimir B. Zivkovic, Ph.D., C.P.G., Q.E.P. To ensure the quality of its results, Zivkovic Geophysical has implemented comprehensive acquisition techniques, data quality assurance procedures, interpretation procedures, and report formats.
from Mgiles12 on Breakout Board:
MISM (up 81%) in BREAKOUT Mode with News and BIG Momentum;
Mission Mining Company Engages Auditors, Silberstein, Ungar, PLLC, and Announces Restoration of Full DTC Eligibility Status by Depository Trust Company
LAS VEGAS, May 16, 2013 /PRNewswire/ -- Mission Mining Company (OTC Pink: MISM) – Mission Mining Company has engaged Silberstein, Ungar, PLLC, CPA's and Business Advisors, a PCAOB auditing firm, to audit the past two fiscal years of the Company's financial statements in preparation for filing a registration statement on Form S-1 with the SEC in order to become a fully reporting '34 Act company. The audit is underway at this time, and is anticipated to be completed within a few weeks. The completed audit will soon be made available to shareholders on the OTC Markets website.
Mission Mining Company has recently been granted full DTC eligibility status by the Depository Trust Company (DTCC). DTCC has permitted Mission Mining Company's stock to resume being deposited under DTC to enable normal electronic trading of MISM stock. This now allows the financial marketplace to execute standard trades, ultimately generating a broader distribution of MISM stock throughout all segments of the investment community.
http://finance.yahoo.com/news/mission-mining-company-engages-auditors-120000662.html
The BIGGEST news? Peter Price is COO of Mission Mining Company. In my opinion of course.
I think everyone is missing this HUGE detail. Apparently, one of the top mining engineers in the world has decided that Mission Mining Company is for real and that the Gold Star Mine is for real. Otherwise, why would he risk 50 years of world-class mining management experience and his reputation on this little Pinkie company?
It is crazy that someone like Peter Price is signing on with MISM, but it is happening. Something MUST be happening here. We need to open our eyes.
MISM brings on Peter Price as COO.
MISM brings on John Zetzman, MBA, as VP. Serious Mining Co background.
MISM engages top PCAOB auditors to audit 2 years of Financials.
MISM has DTC chill lifted and fully restored.
These are big accomplishments if true. Worth watching and THINKING.
If Bill Gates signed on with a Pinkie software company, YEP, you bet I would buy it! That would be the ONLY reason I would buy it, but I would buy the heck out of it. So would everyone else in the world.
I can't imagine Peter Price signing on as COO of MISM if he doesn't know something good is going on with this company and the Gold Star Mine. Worth watching closely.
Peter Price is the new COO. My DD says Price is one of the top mining engineers in the world. He has managed HUGE mining projects on several continents over the past 50 years.
Does anyone truly believe that Peter Price would accept a position as COO with Mission Mining Company if he thought this company and the Gold Star Mine were just a scam? Do you think Peter Price did not do his DD? Come on... let's get real.
Maybe... just maybe... Mission Mining Company is for REAL. Why not wait and find out? We will all know soon if they don't DO what they SAY they are going to DO. Right?
IF MISM is being audited by a major PCAOB auditing firm as they claim, then any further speculation on the value of the Gold Star Mine and all other assets claimed to be 100% owned by Mission Mining Company will be put to rest once and for all.
There is NO WAY a PCAOB auditor will 'fudge' on a public company audit. It would put that auditing firm out of business forever. You can take whatever a PCAOB auditor says is fact to the bank!
Let's see if Mission Mining Company actually completes the audit before making wild accusations that may or may not have merit.
from Reuters: The Gold Star Mine, owned by WSRA, consists of up to 5 unpatented claims on over 300 acres near Prescott, Arizona.
Link: http://www.reuters.com/finance/stocks/WSRA.PK/key-developments/article/2466194
See this 2012 PR from Gold Coast Mining about a JV with Western Sierra Mining for the ARIZONA Gold Star Mine. This is a completely different mine than the one owned by Mission Mining Company in Nevada.
I can't find any information showing Mission Mining Company (formerly EnviroXtract) ever having any involvement in the Gold Star Mine in Arizona with Western Sierra or any other company.
There seem to be a number of mining properties all over the western U.S. named "Gold Star". Very common name... easily confused.
This is NOT the same Gold Star Mine owned by Western Sierra Mining Company. You have them confused. The Gold Star Mine owned by Mission Mining Company is located in Nevada. The Gold Star Mine owned by Western is in Arizona. It is a much smaller mine that the big mining property owned by MISM.
Sorry, that's it. Just copying updated information on the MISM website and Pink Sheets Company Info.
GEAR has NO INVOLVEMENT in the Silver Cord Mine. They lost this mine a couple of years ago when they failed to make payments to EVXA. There was an EVXA Press Release and website update about it.
No idea why GEAR still has the Silver Cord Mine on their website. Anyone else curious? EVXA is now MISM. Call Mission Mining Company and ask the CEO about it. NO GEAR INTEREST IN SILVER CORD MINE... for about 2 years now. MISM has interest in Silver Cord Mine... not GEAR.
Very strange...!!!
Management Statement:
EnviroXtract is disappointed to announce that GolfGear International, Inc. (Pink Sheets: GEAR) has defaulted on its Licensing Agreement to utilize the EnviroXtract gold and silver processing technologies, and to fund the relocation of the Company's operations and processing facility to Arizona.
GEAR has simultaneously defaulted on its agreement with Mission Holdings to fund the development of the Silver Cord Mine.
No funds were ever provided to EnviroXtract by GEAR. Due to the default by GEAR, EnviroXtract has secured a direct agreement with Mission Holdings to process gold and silver ore concentrates from the Silver Cord Mine under a Royalty fee arrangement.
Why is Silver Cord Mine still on GEAR website? GEAR lost this mine 2 years ago when it defaulted on payments to EVXA.
GEAR needs to remove the Silver Cord mine from its website.
From older EVXA Press Release and Website post (now Mission Mining Company MISM)
Management Statement:
EnviroXtract is disappointed to announce that GolfGear International, Inc. (Pink Sheets: GEAR) has defaulted on its Licensing Agreement to utilize the EnviroXtract gold and silver processing technologies, and to fund the relocation of the Company's operations and processing facility to Arizona.
GEAR has simultaneously defaulted on its agreement with Mission Holdings to fund the development of the Silver Cord Mine.
No funds were ever provided to EnviroXtract by GEAR. Due to the default by GEAR, EnviroXtract has secured a direct agreement with Mission Holdings to process gold and silver ore concentrates from the Silver Cord Mine under a Royalty fee arrangement.
Recent Company Updates on MISM Website
Significant Recent Events
Mission Mining Company has engaged PCAOB auditors Silberstein, Ungar, PLLC to audit Company Financials? in preparation for filing an S-1 Registration with the SEC to become a Fully Reporting Company
Mission Mining Company has engaged Matthew McMurdo, Esq., Attorney-At-Law as Corporate Counsel
Mission Mining Company has established a new Administrative Office address in Las Vegas, NV
Mission Mining Company has filed its December 31, 2012 Annual Report on OTC Pink Sheets
An Older Issue Request Form has been filed with the Depository Trust & Clearing Corporation by a DTC Participant on behalf of Mission Mining Company in order to restore full DTC common stock eligibility.
AUDITORS ENGAGED! Update under NEWS on MISM website:
Mission Mining Company engaged the PCAOB auditing firm, Silberstein, Ungar, PLLC CPAs and Business Advisors, as of February 11, 2013 to begin auditing the balance sheets and related statements of operations, stockholders' equity, and cash flows of Mission Mining Company for the years ended December 31, 2011 and 2012.
Looks like the company just cut and pasted the "About" section from a previous PR. Hopefully bringing this mistake to their attention will correct it next time.
Unfortunately, the company can't edit or update a press release. Once it is out, it is out. Like trying to rebirth a baby.
I am fairly certain that Non-Reporting OTC Pink Sheets Companies are not required to file under "Financials" since they are not audited. They are only required to update "Filings and Disclosures" to maintain "Current" status with OTC. An Attorney Letter is also required with each filing.
Not sure why iHub member is not finding Mission Mining EVXA Financials. Quarterly Report posted on OTC Pink Sheets Filings and Disclosures Nov 9, 2012 shows addition of $400 million mining asset.
Total Company Assets $402,220,585 posted to OTC Pink Sheets in November, 2012.
Link below:
http://www.otcmarkets.com/financialReportViewer?symbol=EVXA&id=94071
Please be careful to post accurate information about the company.
According to the PR, MAJORITY ownership in $EVXA has changed. 100% OWNERSHIP of a $700 billion NV gold mine. No 'option to purchase', MOU, LOI, or paper trick. $EVXA can't say they OWN 100% if they don't own it. Geological reports and exact location of the property posted on the website. Senior Vice President of one of the world's largest oil companies coming on board? The market cap on a $725 billion gold mine would easily support 39 billion O/S at a much higher stock price. Something big has changed here. Eyes open.
A VIP like Dr Robert Skinner would not take a spot on the $EVXA Advisory Board if this is a scam. Sr. VP of Statoil, one of the 10 largest oil companies in the world--- on the EVXA website:
Dr Robert Skinner is an independent strategy adviser and consultant in Calgary. His career in Energy spans four decades in government, industry and academia. He is currently advising the Canada School of Energy and Environment on its strategy and research programs.?
Dr Skinner held positions as Senior Vice President Statoil Canada Ltd, former Director of the Oxford Institute of Energy Studies in Oxford, England, Administrator, Northern Pipeline Agency, Vice President, Total E&P Canada and Senior Advisor, gas and power, Total, Paris, Director of the Long Term Office of the International Energy Agency, Paris (where he led the agency’s work on Climate Change and the drafting and negotiation of its Shared Goals), Assistant Deputy Minister, Energy Commodities, Energy, Mines & Resources (now Natural Resources Canada), and before that, Director General of EMR’s Natural Gas Branch, Director General of Oil Prices and Compensation Branch, Senior Advisor Oil Import Strategy, the first Director of EMR’s Office of Environmental Affairs, Science Policy Adviser, Department of External Affairs and Research Scientist, Geological Survey of Canada (GSC) where he developed techniques for the exploration of base metals and diamonds. He did his doctoral research in the late sixties for the GSC on ancient climate change in the James Bay Lowlands.?
Dr Skinner is the author of numerous papers, articles and lectures, contributor to books and studies on energy, geopolitics and policy. He is a Senior Research Advisor to the Oxford Institute for Energy Studies, Associate Fellow of Chatham House, past Academic Adviser on Energy and Sustainable Development to the Club of Madrid, former external faculty of Vienna University’s Executive Academy Exec MBA in Energy Management, member of the Bertelsmann Foundation’s Global Policy Council, occasional external editor for Abu Dhabi’s Emirates Centre for Strategic Studies & Research, member of Editorial Board of Geopolitics of Energy, and has been a consultant and adviser to industry and governments in Europe, Asia and Latin America.?
Dr Skinner has advanced degrees in geology from Queen’s University (BSc, 1968) and the University of Washington, Seattle (PhD, 1971).
$727 BILLION$ Gold Mine in $EVXA -- stock price is .0002 !!
Why is no one apparently interested in this gold company?
Maybe so, but still needs updated information. This is REALLY OLD info.
Still has huge global following --- ain't gonna disappear like BBerry.
Knew I should have bought this when it was down -- bummer
This evxa information is very old. Can we update it?