South American Minerals, Inc. Announces January Gold Production and Sales Strong.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & GEORGETOWN, Guyana -- SOUTH AMERICAN MINERALS, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (SAMM-TRADED OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). PINK SHEETS) announced gold production in Guyana, South America by the company and Cuyuni River Venture No. 1, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control in which SAMM's wholly owed subsidiary, North American Resources, Ltd. (NARIL) holds a 65% interest, totaled 642 ounces during the month of January, 2007. This compared with a total of 227 ounces produced during the same period in 2006. Sales receipts for the gold totaled $347,212 in January, 2007 compared with $105,640 for the same period in 2006. Production for January, 2007 was achieved by three hydraulic suction dredges of which two are owned by the joint venture and operated by NARIL. The third dredge is wholly owned by NARIL. In addition to its interest in the joint venture, the Company owns two additional dredges. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion