Thursday, November 26, 2009 11:00:42 PM
2009 – 2010 projects:
Mining projects:
Gboya district; river operations.
Bo District; 1 river operation on Sewa and 1 land operation.
Zimmi District: 2 dredge operations on the Mano River with one more planned as season progresses. 1 dredge operation on the Mowa River with 2 more planned as season progresses. 3 land operations 1 in Zimmi North and 2 in Zimmi south.
Testing between the Mano and Mowa River on the upper Atlantic Ocean terrace.
Joint ventures in Kono, Tonkolli, Kabala, Kamaklia and Mali are on going and under review.
Carbon Credit projects:
SL1: 42,500 acre project in the Tonkolli district has been accepted by CDM Bazaar and is in the process of forward selling the project
SL2: 70,000 acre project in the Tonkolli district P.I.N. document and other procedures are under way. SL2 project is expected to be completed and DOE ready by September of 2010. At this time the process of forward selling the carbon credits will begin.
Farming projects:
We are presently harvesting current crops and look to expand operations over the next year. Current crops on properties are rice, sorghum, cassava and peanuts.
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