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16.12.2009
SUNERGY ADVISORY BOARD JOINED BY REGIONAL CHIEF NENE ABIASI AGBONOO #3 OF ROYAL KABIAWERTSU DIVISIONAL COUNCIL OF ADA IN THE GREATER ACCRA DISTRICT, GHANA
SUNERGY ADVISORY BOARD JOINED BY REGIONAL CHIEF NENE ABIASI AGBONOO #3 OF ROYAL KABIAWERTSU DIVISIONAL COUNCIL OF ADA IN THE GREATER ACCRA DISTRICT, GHANA
12/15/2009 8:37:53 AM
SCOTTSDALE, AZ, Dec 15, 2009
Sunergy, Inc. (the "Company") (OTCBB: SNEY) is pleased to announce that Regional Chief Nene Abiasi Agbonoo #3, the Hlamitser (Asafoatse wayo), of Royal Kabiawertsu Divisional Council of Ada in the greater Accra District, has joined Sunergy's Advisory Board. He comes from a very illustrious and prominent family in Ada who have produced many sons who fought gallantly for the Ada State in past wars.
Born and educated in primary school in Accra, he completed his secondary education in Gambia where his family had been posted before travelling to the United Kingdom to pursue a career in accounting. In London he achieved the ACCA level before deciding to pursue broader business interests. While working in the insurance industry he worked with most all of the insurance giants in the UK and rose to a Branch Manager.
During the mid nineties he was called to return to Ghana so he could be trained for his future role as the Hlamitser (Head Chief). On his return he engaged in working on small and medium scale alluvial gold mining operations. He has broad experience in this area and has extensively travelled the length and breadth of the country. He brings a wide and knowledgeable experience within the Ghanaian business community to our Advisory Board. He is also a social entrepreneur engaged in various community projects aimed at alleviating poverty and bringing prosperity, good health and business opportunities to his people.
Chairman P.K. Medhi said; "I appreciate very much that Chief Agbonoo has joined our Advisory Board. Chiefs are in power for life in Ghana and truly care about their people. They are not involved in politics at all which keeps them both neutral and powerful over the long term. It is very beneficial to us to have him join our enterprise since he has a broad education and seasoned experience in alluvial gold mining and makes his life with his people in Ghana. He has known some members of our group for more than 20 years and played a role in our acquiring our concession. His Community and National connections and affiliations plus his enthusiasm for our planned approach to harvesting alluvial gold where available, will assist us greatly in establishing successful and secure operations and opportunities in Ghana."
Our initial focus is on the planning and preparation for operations on our 150 sq. km. Nyinahin mining concession, located in Ghana, West Africa. During Q'1 2010 we plan to test and evaluate the alluvial gold recovery potential along the Ofin River which runs through the eastern portion of the concession for about 45 km. We plan to do this by bulk sampling the numerous existing artisan pits along the river on our concession. Our planned budget is around $300,000.00 US which could recover an estimated 1,000 oz./gold generating around $900,000.00 of revenue from the program. Our plan involves either leasing a suitable gold recovery plant or joint venturing with another operator with suitable equipment.
The Ofin River is an easterly-flowing waterway in Ghana. It flows through the Tano Ofin Reserve in Ghana's Atwima District. The Ofin riverbed is 90 meters above mean sea level. The Ofin and the Pra rivers form the boundary between Ghana's Asahanti and central regions. Dunkwa-on-Ofin is a major town on the river. Gold is mined from the river's sediment. The Ofin tributaries also offer good gold and diamond recovery historically.
About Sunergy:
The Company is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. We control 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license. The concession is surrounded by several operating mines and is adjacent to Newmont Mining's property. This concession has the Ofin river flowing through our eastern portion and there are numerous artisan pits ready for testing and evaluation for near term production. The Ofin river is known for good alluvial gold production. Artisans usually recover about 30% of the available gold through primitive hand methods, leaving 60-70% to be recovered by modern mechanical operations.
Further information is available on the Company's website www.sunergygold.com
Notice Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any mineralization, development or exploration of the Nyinahin Mining Concession and Sunergy's ability to raise adequate funds on acceptable terms to develop its projects.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact: Joseph Guerrero President Sunergy, Inc. 480.477.5810 office scottsdaleinvestments@yahoo.com info@sunergygold.com
SOURCE: Sunergy, Inc.
mailto:scottsdaleinvestments@yahoo.com mailto:info@sunergygold.com
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12/15/2009 8:37:53 AM
SCOTTSDALE, AZ, Dec 15, 2009
Sunergy, Inc. (the "Company") (OTCBB: SNEY) is pleased to announce that Regional Chief Nene Abiasi Agbonoo #3, the Hlamitser (Asafoatse wayo), of Royal Kabiawertsu Divisional Council of Ada in the greater Accra District, has joined Sunergy's Advisory Board. He comes from a very illustrious and prominent family in Ada who have produced many sons who fought gallantly for the Ada State in past wars.
Born and educated in primary school in Accra, he completed his secondary education in Gambia where his family had been posted before travelling to the United Kingdom to pursue a career in accounting. In London he achieved the ACCA level before deciding to pursue broader business interests. While working in the insurance industry he worked with most all of the insurance giants in the UK and rose to a Branch Manager.
During the mid nineties he was called to return to Ghana so he could be trained for his future role as the Hlamitser (Head Chief). On his return he engaged in working on small and medium scale alluvial gold mining operations. He has broad experience in this area and has extensively travelled the length and breadth of the country. He brings a wide and knowledgeable experience within the Ghanaian business community to our Advisory Board. He is also a social entrepreneur engaged in various community projects aimed at alleviating poverty and bringing prosperity, good health and business opportunities to his people.
Chairman P.K. Medhi said; "I appreciate very much that Chief Agbonoo has joined our Advisory Board. Chiefs are in power for life in Ghana and truly care about their people. They are not involved in politics at all which keeps them both neutral and powerful over the long term. It is very beneficial to us to have him join our enterprise since he has a broad education and seasoned experience in alluvial gold mining and makes his life with his people in Ghana. He has known some members of our group for more than 20 years and played a role in our acquiring our concession. His Community and National connections and affiliations plus his enthusiasm for our planned approach to harvesting alluvial gold where available, will assist us greatly in establishing successful and secure operations and opportunities in Ghana."
Our initial focus is on the planning and preparation for operations on our 150 sq. km. Nyinahin mining concession, located in Ghana, West Africa. During Q'1 2010 we plan to test and evaluate the alluvial gold recovery potential along the Ofin River which runs through the eastern portion of the concession for about 45 km. We plan to do this by bulk sampling the numerous existing artisan pits along the river on our concession. Our planned budget is around $300,000.00 US which could recover an estimated 1,000 oz./gold generating around $900,000.00 of revenue from the program. Our plan involves either leasing a suitable gold recovery plant or joint venturing with another operator with suitable equipment.
The Ofin River is an easterly-flowing waterway in Ghana. It flows through the Tano Ofin Reserve in Ghana's Atwima District. The Ofin riverbed is 90 meters above mean sea level. The Ofin and the Pra rivers form the boundary between Ghana's Asahanti and central regions. Dunkwa-on-Ofin is a major town on the river. Gold is mined from the river's sediment. The Ofin tributaries also offer good gold and diamond recovery historically.
About Sunergy:
The Company is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. We control 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license. The concession is surrounded by several operating mines and is adjacent to Newmont Mining's property. This concession has the Ofin river flowing through our eastern portion and there are numerous artisan pits ready for testing and evaluation for near term production. The Ofin river is known for good alluvial gold production. Artisans usually recover about 30% of the available gold through primitive hand methods, leaving 60-70% to be recovered by modern mechanical operations.
Further information is available on the Company's website www.sunergygold.com
Notice Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any mineralization, development or exploration of the Nyinahin Mining Concession and Sunergy's ability to raise adequate funds on acceptable terms to develop its projects.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact: Joseph Guerrero President Sunergy, Inc. 480.477.5810 office scottsdaleinvestments@yahoo.com info@sunergygold.com
SOURCE: Sunergy, Inc.
mailto:scottsdaleinvestments@yahoo.com mailto:info@sunergygold.com
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=US86732G2075">http://www.irw-press.com/alert_subscription.php?lang=en&isin=US86732G2075</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.