Saturday, November 17, 2018 10:46:39 AM
Also to Work on the expanding Project... There has been a Equipment Shortage and of Course with our LOI and connections in Asia we were easily able to Ship the equipment needed to our mine and it actually saved us Money.. Plus all the Equipment was fully tested before being shipped!... Here is that PR
Quote:
through its wholly owned subsidiary Asia Metals Inc., has confirmed the shipment of two fully equipped track carrier mounted drill rigs from China that will be utilized for the targeted drill program in close proximity to the Company's mine in Guerrero, Mexico. The drilling units and accessories are expected to be received by the Company FOB destination at the Port of Acapulco on July 30, 2018.
The lack of availability of drill rig equipment within a reasonable timeframe led the Company to source alternative suppliers. Through management's extensive network of contacts in Asia, surplus drill equipment was located in China and secured on a lease and purchase option basis. Additionally, the terms of the lease are expected to reduce drilling costs and allow for additional meters to be drilled within the Company's $745,000 budget. Prior to preparations for shipment, the drilling machinery and equipment was evaluated and tested by an experienced mining engineer and drill operator.
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