Pearl Asian Mining Industries: Significant Gold and Silver Deposits Discovered at the XYZ Gold Mine: Geologist Recoverable Yield Estimate 1.5 Million Tons, an Average Grade of 6.34 Grams/Ton Gold (AU) and 37.24 Grams/Ton Silver (AG) in 20 Hectares Only.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 -- Estimated Gross Value of $327,930,000.00 at $500.00/Ounce of Gold and $19,444,300.00 at $8.00/Ounce of Silver Pearl Asian Mining Industries (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 ) releases the summary report on the Geological Resource Studies within the 20 hectares of the XYZ XYZ interj. Informal Used to indicate to someone that the zipper of his or her pants is open. [ex(amine) y(our) z(ipper).] Gold Mines Site Mineral Deposits. The current tenement A comprehensive legal term for any type of property of a permanent nature—including land, houses, and other buildings as well as rights attaching thereto, such as the right to collect rent. portfolios of PAIM are: (1) Small Scale Mining Claim Permit (SSMP SSMP Sewer System Management Plan SSMP Stockpile Stewardship and Management Program (US nuclear stockpile) SSMP System Safety Management Plan SSMP Startup, Shutdown, Malfunction Plan SSMP Spy Sappin' My Patience ) - 20 hectares, (2) Mineral Production Sharing Agreement Production sharing agreements (PSAs) are used primarily to determine the share a private company will receive of the natural resources (usually oil) extracted from a particular country. (MPSA MPSA Midwest Political Science Association MPSA Microsoft Personal Security Advisor MPSA Military Postal Service Agency MPSA Mineral Production Sharing Agreement MPSA Mississippi Private School Association MPSA Mobile Payment Services Association ) - 720.00 hectares, (3) Exploration Permit Application (EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. ) - 1,807.4773 hectares. The recent exploration based on the Geological report of the Gil Apuya's MAYON Geological Company states that the present Geologic Resource of XYZ Gold Mine is about 1.5 million tons at a grade of 3.04 g/t-Gold (AU) and 19.96 g/t-Silver (AG). PAIM's team interpretation or projection as to mineable resource (projected to be mined or extracted) is about 446,592 tons at a grade of 5.13 g/t-Gold and 31.14 g/t-Silver. The mineable resources are categorized cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat into low grade source of about 120,000 tons at a grade of 1.84 g/t (grams per ton)-Au (Gold) and 14.50 g/t (grams per ton)-Ag (Silver). The high grade source of about 326,592 tons at a grade of 6.34 g/t-Au; 37.24 g/t-Ag. These ores to be mined will be processed by heap leaching Heap leaching is an industrial mining process to extract precious metals and copper compounds from ore. Process The mined ore is crushed into small chunks and heaped on an impermeable plastic and/or clay lined leach pad where it can be irrigated with a leach solution to C-I-L and ELSA methods. The abandoned tunnels 3 and 4 are included in the projected high grade zone. The high grade zone or block of mineable resource of 326,592 tons using interpolation interpolation In mathematics, estimation of a value between two known data points. A simple example is calculating the mean (see mean, median, and mode) of two population counts made 10 years apart to estimate the population in the fifth year. started from trench no. 1 at elevation 220 meters up to trench no. 4 at elevation 300 meters with a strike length of 400 meters. The 400 meters strike length was projected downward until elevation 160 meters, where abandoned tunnel no. 1 is situated. The average grade of the block of 6.34 g/t-AU; 37.24 g/t-AG were derived from the surface of tunnels 3 and 4 samples. The block grades were projections and will be confirmed once the tunnels are rehabilitated and sampled. The estimates are based on projections derived from trench 1 down to tunnel 1 and possibly beyond tunnel 1 extending east and is subject for field investigation. Basing on the initial exploration results, the XYZ mineral deposit is an epithermal vein type deposit. The extent of the deposit at depth must be further studied through rehabilitation rehabilitation: see physical therapy. of old tunnels and core drilling to acquire more geological data and increase resource potential. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This news release may contain forward-looking statements concerning the Company's business and future prospects and other similar statements that do not concern matters of historical fact. This forward-looking statement is based on the Company's current expectations. There are numerous factors that could cause results to differ and the Company's current expectations are subject to all of the uncertainties and risks customarily associated with developing business ventures. The Company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements contained in this release. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information.
PEARL ASIAN MINING INDUSTRIES INC. (PAIM)
SUMMARY OF CALCULATION
TENEMENT PORTFOLIOS Area (in hectares)
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Small Scale Mining Claim Permit (SSMP) 20.00
Mineral Production Sharing Agreement (MPSA) 720.00
Exploration Permit Application (EPA) 1,807.4773
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Grade Per Ton
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XYZ GOLD MINE (in tons) (Au) (Ag)
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Geologic Resource 1,500,000.00 3.04 19.96
Mineable Resource 446,592.00 5.13 31.14
Low Grade 120,000.00 1.84 14.50
High Grade 326,592.00
Average Grade 6.34 37.24
I. ELSA METHODS 10,000 Tons/Month at 10
Cu. Metric/Hr.
NOTE: 12 Months X 10,000
Tons/Month 120,000 Tons/Year
1,500,000 Tons Divide
By 120,000 Tons 12.5 Years
II. INCOME RECOVERY 1KG = 32.1507 Ounces (Oz)
136 Kg/Month = 1632 Kg/Yr
= 52,469 Oz $500.00/Oz $26,234,400
504 Kg/Month = 6048 Kg/Yr
= 194,443 Oz $8.00/Oz $1,555,544
A. TOTAL GROSS METALS CONTENT $27,789,944
B. (Less 40% Direct & Indirect Expenses) ($11,115,978)
C. TOTAL PROJECTED NET INCOME $16,673,966
III. TARGET INCOME & VALUE OF
THE MINERAL DEPOSITS OF
1.5 MILLION TONS OF ORES
12.5 Years X $26,234,400 $327,930,000.00 GOLD (Au)
of GOLD (Au)
12.5 Years X $1,555,544 $19,444,300.00 SILVER (Ag)
of SILVER (Ag)
A. TOTAL OF GROSS METALS
CONTENT $347,374,300.00
B. (Less 40% Direct & Indirect
Expenses) $138,950,920.00
C. TOTAL PROJECTED NET INCOME $208,423,380.00
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