Pearl Asian Acquires an additional 3,000 Square Meters of Land for Gold/Silver Refinery Facility.PASIG CITY The City of Pasig (Filipino: Lungsod ng Pasig) is one of the cities and municipalities that make up Metro Manila in the Philippines. It used to be the capital of the province of Rizal before Metro Manila was formed. , Philippines -- The Board of Directors of Pearl Asian Mining (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :PAIM PAIM Product Assurance Integration Manager PAIM Process, Architecture & Information Management PAIM Proactive Identification Model PAIM Pentathlon Aeronautique International Militaire ) announces today the acquisition of 3,000 square meters of the industrial corner vacant lot along Plaridel & Don Soriano Streets in Mandaue City  This article may not conform to the neutral point of view policy.A Wikipedian has nominated this article to be checked for its neutrality. , Cebu Island. This will provide additional revenue opportunities for the Company. The second and third quarters of 2006 will mark the period of infrastructure development and construction particularly for the Chemical/Metallurgical Division of Pearl Asian. Anthony Gary Gotanco, a one-time Philippines' Chemical Engineering Board Examination Top Notcher, has joined Pearl Asian as the Director of its Business Development & Chief Chemical/Metallurgical Group. Gary is teamed up with three highly qualified and very intelligent engineers: Elvis Hidalgo Hidalgo, state, Mexico Hidalgo (ēthäl`gō), state (1990 pop. 1,888,366), 8,058 sq mi (20,870 sq km), central Mexico. Pachuca de Soto is the capital. serves as the Chief Metallurgist; Rochelle Laylay, the Research & Development (R&D) Chemist and Emylyn Noma, the Chief Quality Assurance & Control (QA/QC QA/QC Quality Assurance/Quality Control ) Chemist. This CHEM/MET Gold Team has been working together in the feasibility of setting up a chemical and metallurgical laboratory The Metallurgical Laboratory or "Met Lab" at the University of Chicago was part of the World War II–era Manhattan Project, created by the United States to develop an atomic bomb. , including the Gold/Silver Refinery Plant. The commercial chemical and metallurgical laboratory is envisioned to serve the laboratory analytical requirements of Pearl Asian, other companies and the general public of the Philippines, specializing in water-testing, metal/ore analysis and diagnostic medical & biotechnology center. The Gold/Silver Refinery plant is envisioned to extract gold and other precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. from tailings Tailings (also known as tailings pile, tails, leach residue, or slickens[1]) are the materials left over[2] after the process of separating the valuable fraction from the worthless fraction of an ore. obtained. The objective of this study is to determine the feasibility of setting up a chemical and metallurgical laboratory, including a pilot plant for gold extraction, in the booming industrialized in·dus·tri·al·ize v. in·dus·tri·al·ized, in·dus·tri·al·iz·ing, in·dus·tri·al·iz·es v.tr. 1. To develop industry in (a country or society, for example). 2. area of Cebu City. The pilot plant is envisioned to extract gold and other precious metals from tailings purchased or obtained from small-scale mining operations, especially those from areas near Cebu and other provinces with known rich mining operations. The Chemical & Metallurgical Laboratory will be the preeminent commercial laboratory and pilot plant in the country, generating excellent return on investment for its investors. This institution will serve the laboratory analytical and R & D requirements of all its customers on time, with highest regard for quality, safety of its personnel, and environment-friendliness, knowing that this will greatly assist PAIM to attain its objectives. It is also the Chemical & Metallurgical Laboratory's mission and ultimate intention to serve the needs of its customers with particular emphasis on the gold mining industry, in a profitable yet environment-friendly manner, taking into consideration the concerns of all its stakeholders, the customers, PAIM, and its investors, the government, and, last but not the least, its personnel consisting of world-class and cream-of-the-crop Filipino engineers. Forward-Looking Statements Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks Inexpensive issues of stock, typically selling at less than $1 a share, in companies that often are newly formed or involved in highly speculative ventures. Penny stocks are usually available for sale over-the-counter, that is, among brokers and customers themselves, as are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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