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Wednesday, April 29, 2009 12:14:58 PM
PAMPANA RIVER
In 2005, geologist Hendrik Veldhuyzen completed a 43-101 (competent person) report on the Pampana River licensed area deeming it a property of merit. please make this 43-101 public He recommended that exploration be continued and subsequently a dredging program be commenced to develop cash flow for the company. recommends dredging without a feasiblity report, bad idea In 2006-2007 the exploration program, as laid out by Hendrik, was continued and successfully completed in 2007. would like to see these results The results of the exploration phase were very positive and we were ready to move to the operations phase of the project. what has taken so long? In 2008, a specific mining site was selected. Processing equipment which was ordered in November 2007, has been shipped and is scheduled to arrive in October of this year.2008? what took so long? Licensing, logistical and site preparation are under way in order to commence operations in the 4th quarter of 2008.It states above that the area was under license in 2005 why do you need a new license? its May 2009, so what is the problem now?
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