Communicators
are winners!
News
23.05.2012
Safari Minerals moves forward in acquiring additional mining licenses for gold in the Kono area within Sierra Leone.
Safari Minerals moves forward in acquiring additional mining licenses for gold in the Kono area within Sierra Leone.
Massive step forward in application process complete.
Toronto, Ontario, Canada /May 23, 2012 - Safari Minerals is today pleased to announce that it has concluded discussions with high level government officials regarding the acquisition of additional gold mining licenses in the Kono area within Sierra Leone. By any measure, these talks were highly successful with Safari Mineral's application receiving the blessing of the local Chiefdom in Konno which is a major hurdle for any company looking to receive a gold license in the area.
Safari Minerals President Andrew "Diamond Drew" Lovett: " It requires many years of planning and patients to cultivate very strong relationships with the local chiefdom's. It is through these efforts that Safari Minerals is now in the fantastic position of capitalizing of gaining a significant foothold in this new and productive gold mining area. Current daily production in this area is exceeding more than 10 kilograms per day. In terms of growth, I firmly believe that with proper commercial equipment the current rate has the potential to more than triple in volume. It is an exciting time for Safari and I look forward to more good news in the near future."
The next step for Safari Minerals is to finalize the licensing agreement. Once the new license is in place, Safari intends to first establish a Gold buying office in close proximity to its major mining concerns. Gold in the region is purchased in carats with the current local price being a converted $1,380 per ounce. Detailed forecasting shows that Safari Minerals should net a profit of approximately $200 per ounce which at today's prices is equal to a 15% profit margin.
The company will update the public via news release as it progresses through this exciting opportunity.
About Safari Minerals: (www.safariminerals.com)
Safari Minerals is an emerging Jr. Mining and exploration company focused on Diamond's, and both base and precious metal production.
The company is currently executing with great success its phase one strategy of actively engaging in the highly profitable business of buying and selling of Diamonds out of Africa. By utilizing management's extensive African experience, established relationships and a rock solid understanding of the Diamond market, Safari Minerals is realizing ever increasing profits. A dynamic corporation, Safari Minerals Inc. is firmly focused on profitable cash flows while laying the ground work for aggressive growth.
Safari Minerals consists of respected industry veterans with the legendary Andrew "Diamond Drew" Lovett who in the role of President and CEO is actively engaged in every aspect of the company's continued success.
Doing business in Africa requires extensive in country experience, rock solid relationships and a firm understanding of local tribal culture. The upper management at 'Team Safari Minerals' has over 50 years of collective real world experience, has in place not only the necessary business relationships but also decades long friendships with top people in country and has the respect of the local tribes built on years of mutual trust.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA78637A1049">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA78637A1049</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.
Massive step forward in application process complete.
Toronto, Ontario, Canada /May 23, 2012 - Safari Minerals is today pleased to announce that it has concluded discussions with high level government officials regarding the acquisition of additional gold mining licenses in the Kono area within Sierra Leone. By any measure, these talks were highly successful with Safari Mineral's application receiving the blessing of the local Chiefdom in Konno which is a major hurdle for any company looking to receive a gold license in the area.
Safari Minerals President Andrew "Diamond Drew" Lovett: " It requires many years of planning and patients to cultivate very strong relationships with the local chiefdom's. It is through these efforts that Safari Minerals is now in the fantastic position of capitalizing of gaining a significant foothold in this new and productive gold mining area. Current daily production in this area is exceeding more than 10 kilograms per day. In terms of growth, I firmly believe that with proper commercial equipment the current rate has the potential to more than triple in volume. It is an exciting time for Safari and I look forward to more good news in the near future."
The next step for Safari Minerals is to finalize the licensing agreement. Once the new license is in place, Safari intends to first establish a Gold buying office in close proximity to its major mining concerns. Gold in the region is purchased in carats with the current local price being a converted $1,380 per ounce. Detailed forecasting shows that Safari Minerals should net a profit of approximately $200 per ounce which at today's prices is equal to a 15% profit margin.
The company will update the public via news release as it progresses through this exciting opportunity.
About Safari Minerals: (www.safariminerals.com)
Safari Minerals is an emerging Jr. Mining and exploration company focused on Diamond's, and both base and precious metal production.
The company is currently executing with great success its phase one strategy of actively engaging in the highly profitable business of buying and selling of Diamonds out of Africa. By utilizing management's extensive African experience, established relationships and a rock solid understanding of the Diamond market, Safari Minerals is realizing ever increasing profits. A dynamic corporation, Safari Minerals Inc. is firmly focused on profitable cash flows while laying the ground work for aggressive growth.
Safari Minerals consists of respected industry veterans with the legendary Andrew "Diamond Drew" Lovett who in the role of President and CEO is actively engaged in every aspect of the company's continued success.
Doing business in Africa requires extensive in country experience, rock solid relationships and a firm understanding of local tribal culture. The upper management at 'Team Safari Minerals' has over 50 years of collective real world experience, has in place not only the necessary business relationships but also decades long friendships with top people in country and has the respect of the local tribes built on years of mutual trust.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA78637A1049">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA78637A1049</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.