The NI 43-101 Technical Report which was filed on Tuesday by iFinix Corporation was performed on behalf of the Cottonwood Gold Company which is a subsidiary of Tesoro Gold Company. The 43-101 was prepared by:
Jack C. Hamm, Geologist, C.P.G. No. 6127
60892 ME Road
Collbran, Colorado 81624
Telephone/Fax: 970 487-3514
Email: hammjch@hughes.net
May 6, 2010
I took the liberty this evening of calling Mr. Hamm. I explained to him who I was and why I was calling. I explained to him that I was an investor of iFinix Corp which recently acquired OakBridge Management Inc., which owns a 20% stake in the Mohave Mine. I told him that many investors were concerned the mine and the NI 43-101 was a scam.
Mr. Hamm assured me that he was very diligent and was very careful to properly catalogue all the core samples and tests. He said that he would stand by his report in front of any court or stock exchange. Mr. Hamm went on to tell me that he is absolutely certain that the proven gold reserves are there. He also said that he believes there is the potential for much larger reserves of gold on the property.
Mr. Hamm also told me that he has maintained a consulting agreement with Tesoro Gold and he will call them on my behalf to inquire about the current status of production. He told me that the delay in production is most likely due to final permitting. He said the government is slow and it could take some time to get the final permits. He said that once mining operations begin, it will take several months for the revenues to begin.
I told Mr. Hamm that I would send him an email asking him to contact Tesoro and to also provide me with digital photos of the mine property taken during his survey. He said he would send me photos and additional information on the mine. He again reassured me that the mine is there, it is not a scam, and that the gold is there. I told him that I would post his reply and photos on the iHub board along with his email address. He was fine with that.
Below is the email I sent to Mr. Hamm. I will post his reply on the board as soon as I receive it.
I also told Mr. Hamm I would forward his reply to Ben Munroe.
Jack,
I really appreciate the time you spent talking to me about the Mohave Mine. I will greatly appreciate additional information on the mine including, if possible, digital photos. You mentioned that you will contact Tesoro Gold Company to inquire about the current status of mining operations and when they are scheduled to commence.
There are a great deal of investors in iFinix Corporation, which recently acquired OakBridge Management, Inc. which owns 20% of the mine. Your reply will greatly assist in easing shareholder's concerns that iFinix acquired a "scam" gold mine. Obviously, with the current POG above $1600/oz, there are many scam gold mining companies out there.
Your comments and reassurances about the Mohave mine will be very much appreciated. I look forward to your reply.
Regards.
