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FL

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Alias Born 03/20/2004

FL

Re: None

Saturday, 05/07/2005 2:55:30 AM

Saturday, May 07, 2005 2:55:30 AM

Post# of 2138
NEW: Gold City,Inc. (Nevada, not GC.V) in Ghana

Gold City, Inc. seems to be a privately-held company not traded on any stock exchange nor on the Pink Sheets. It is a Nevada corporation with the following address:

Patrick Anfinson, President
Gold City, Inc.
P.O. Box 1114
Winnemucca, Nevada, 89446, USA
telephone: +1 (530) 559-2920


Apparently this company has little or nothing to do with the publicly-traded Gold City Industries, Ltd. traded on the Toronto Venture Exchange as "GC" and on the Pink Sheets as "GCYIF".

The Nevadan Gold City company has a close relationship with Haber, Inc. (traded as "HABE" on the Pink Sheets) which developed an ecological way of processisng gold ore (it uses no cyanide, arsenic or mercury). The gold extraction chemicals are so non-toxic that Haber officers drink them in public demonstrations. Haber, Inc. owns a large piece of Gold City, Inc., and so do some senior Haber officers personally, according to Haber press releases.

As for Ghana, two of Haber, Inc.'s press releases in 2004 revealed that Gold City, Inc. had acquired gold properties or licences in Ghana, or control thereof, including one about 20 miles southwest of Obuasi. Gold City has/had "facilities" near Winnemucca, Nevada and in Wyoming, and mining permits in Nevada and southern Arizona. Haber, Inc. owns some adjoining properties. Gold City also has a gold exploration property at "Barber Canyon" in the Sierra District of Pershing County, Nevada, according to web sources.

Excerpts from two Haber, Inc. press releases:

BAYONNE, N.J.--(BUSINESS WIRE)--April 5, 2004 "... Gold City also reported acquiring control of a gold concession in Ghana that shows promising bulk-assay values. Gold City's president, Pat Anfinson, along with Haber's Ghanaian representative, has updated government officials on the status of Haber's small-scale artisanal mining efforts in that country. Anfinson is currently evaluating site locations for installation of the Haber HGP mobile unit, and Haber representatives are also preparing to meet with South African engineering concerns to evaluate their capabilities to assist in future work in Africa.
..."

BAYONNE, N.J. Feb. 23, 2004—Haber, Inc. (OTC: HABE) "... The company also announced it has signed a licensing agreement with its existing HGP licensee, Gold City, Inc., to use the process in mining operations in Ghana in West Africa.

The non-exclusive, expanded license to Gold City Inc. grants Haber a royalty of 8 percent net smelter return on all precious metals processed and 5 percent of all gold nuggets. The agreement requires Gold City to provide piloting support to Haber during the first 18 months of the agreement to facilitate HGP testing for prospective client Ghanaian mining companies and small-scale artisanal mining activities.

Added Conti, “The expanded Gold City license represents a significant opportunity for both companies in terms of projected revenues. In addition, Haber now gains the ability to conduct field tests in Ghana without a large capital outlay or the hiring of additional personnel. Gold City is already in Ghana with concentration equipment and has begun exploratory work on various prospective concessions located approximately 20 miles south and west of Obuasi.”
... "

Gold City, Inc. of Nevada has been added to the header (as a non-traded Ghana explorer, for now). As far as I've been able to find so far, it doesn't have its own company web-page.

FL




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