The Philippines project is an operating gold mine and they are using hand tools to mine the property, no explosives, jack legs, mechanized equipment, or even a wheel borrow What we bring to the table is our experience in the mining business which, with a small capital investment, will enable the property to increase production by a factor of 10 to 100 in the first year, depending on logistics. I have seen the production records, had the working face sampled, and have seen the gold it produced.
The mine and surrounding ground is owned by an extended family on Mindanao. The operator, is mining on a concession which is actually owned by her cousin. It will have to be funded via a limited partnership or JV.