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Tuesday, 09/20/2011 4:44:54 PM

Tuesday, September 20, 2011 4:44:54 PM

Post# of 101798
SNEY is basically a start-up with 2 parts (projects) to the company, Sierra Leone and Ghana.

Sierra Leone operations have started and extracted product form the Pampana River.

We have been updated that the company was happy with the results.
Ghana operations are next to get busy.

The company by no means have hit their intended goals, however the process is started and we will continue our operations in Sierra Leone and get started in Ghana.

The financials are definitely a pain in the butt. They will and must get done (the sooner the better), however all things considered SNEY has made great strides since acquiring Allied Mining and Supply Ltd eleven months ago.


Sierra Leone Operations:

Bryan Miller, President comments:



"The dredges arrived in Sierra Leona, have cleared customs and have started operations on our 140.1 sq. km. Pampana River Concession. We are start one at a time and conducting further testing to identify optimum deployment sites. Once results are available we will publish operating results. So far, everything is working as planned and Management is pleased."






"The first dredge was launched on April 15th and the first day of operation was the 16th. Up to yesterday (the 17th of May) the dredge has been on the river for 1 month. We began by prospecting the best areas to work, and primarily, those were the areas of the least amount of overburden.”




"We are excited that there really is as much black sand being recovered, 100 pounds per ton of feed, as indicated in previous test results and we are constantly improving the dredge recovery profile to a point that the tandem operation allows for cleaner and more efficient recovery. The other exciting news is that the visible gold content remains strong. Now that we are getting the dredges dialed in, we look forward to increasing our production numbers."







Bryan Miller, President, comments:


"It is great to be in operation on the Pampana and to have our testing from the past 2 years begin to bear fruit. We are putting a secure processing facility together near our operations. This is where we bring the recovered concentrates. This is also where we will be setting up our recovery operation which will start up once the operating season is over. In the meantime, we are dedicated to producing as much black sand concentrate as possible during the operating season. We are also working on a land based operating plan to keep operations going during the winter season."


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Bryan Miller, President comments:


"Establishing our new processing facility is an important next step to optimizing cash flow from our Pampana operations. We are producing as much black sand concentrate as possible during the operating season and will begin processing as soon as this equipment arrives. Our secure facility will insure integrity during the primary recovery operations. We are also currently planning expanding our ground operations to include another valuable readily marketable product in addition to our Pampana Rare Earths."






"We are deep into the second month of dredging operations on our Pampana River Project in Sierra Leone. Production has increased daily for the past 3 weeks. Visible gold production is up, from 1.5 grams to 3 grams per ton of feed gravel. We are now recovering more than the estimated 100 lbs./ton of rare earth black sands concentrate from each ton of feed. Management believes that over 80% of the free gold remains in the black sands concentrate. We clean the sluice out at the end of each 10 hour shift. By the end of this week, we will have 40 tons of rare earth black sands concentrate stockpiled. 40 tons is the maximum allowed to fit in the 40 foot shipping container that we own in Freetown. Management projects that an additional 40 tons of Rare Earth black sand concentrates can be produced by the end of June.”




We work closely with the local Chief and his people and currently we employ a total of 50 men and women and rank number two behind African Minerals, the largest iron ore producer in Sierra Leone, in total number of employees in the Tonkolli district. Community relations are strong as we are bringing new prosperity to this community"



Our new processing equipment described in our June 2, 2011 Press Release is being prepared for shipping so the free gold and rare earths can be separated and upgraded through a single simple gravity separation operation. A small crushing circuit to enhance separation will be added to the shipment.






Bryan Miller, President comments:

"Management is pleased and excited that dredging operations are really performing better than expected. There is another discreet product coming regularly from the dredging that is different from the REE black sand concentrates that is being tested to determine if there is an added economic benefit to operations. Further details will be available once testing is complete. We are also studying opportunities to expand our rare earth/gold and other technology metals operations in the near term."




Ghana Operations:

Sunergy Inc. (the "Company") (SNEY.PK) announces its plans to mobilize its revenue generating gold bulk sampling program on its Nyinahin gold concession in Ghana, West Africa. The recent increase in the price of gold to more than $1,800/tr. oz. has served as a reminder of the great potential for gold recovery from Sunergy's Nyinahin Concession.

During Q'4 2011 we plan to test and evaluate the alluvial gold recovery potential on our Concession. We plan to do this by bulk sampling existing artisan pits along the river on our concession and to excavate a grid system of new pits to establish continuity of mineralization and to evaluate the depth of both overburden and the thickness of gold bearing gravels to bedrock. We also plan to test bedrock on the ground surface in the bottom of the pits and to drill to depth to test for gold mineralization. Our program is designed to be revenue generating with a planned budget of around $250,000.00 US which could enable potential recovery of an estimated 500oz./gold which would generate about $900,000.00 of gross revenue from the program. Our plan involves either leasing a suitable gold recovery plant or joint venturing with another operator with suitable equipment. The permitting for the operation will commence shortly.


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