iFinix Corporation { INIX } notified its shareholders last Friday that Tesoro Gold Company will be overseeing the Mohave Mine operations. Final permits such as the Aquifer Protection Permit, Occupancy Permit, and the Mining Plan of Operation are in progress. I expect that mining operations will begin Q4 2011 or Q1 2012. Estimated annual revenue for iFinix Management are in excess of $1.2 million. This is huge since iFinix Futures currently takes in just $550,000 annually.
I was able to use Google Earth to capture an image of the Mohave Gold mine's leach pads and access roads. Its clear to see much progress has been made.
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