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Re: earlyman post# 17077

Tuesday, 09/18/2007 3:37:07 PM

Tuesday, September 18, 2007 3:37:07 PM

Post# of 42787
Thank u earlyman. More than half a meter width of Lead and Silver veins are indicative of rich mining potential. In recent days there are number of examples where such ancient mines have been found containing treasures applying modern mining methods. Viability of such projects have altogether change with the rise of metal prices.

Main target out of Escala is to generate enough funds to initiate mining at Cerro Ricco. Similar ancient mine with a pilot plant is generating $30million dollars in Maxico and thus supporting the development of actual mine there. That made the company self sufficient as far as financing is concerned. That is what we need from Escala and Pulcayo to do for FMNJ.

But that will need a complete dedicated team of Mine Engineers and Geologist working side by side with miners and other staff at the site.