XYZ Operation Gold Finger to Yield Estimated Total Annual Gross Revenues of $157,236,600.00 USD from the 50 Metric Tons Per Day Small-Scale Mining Operations of Pearl Asian Mining Industries, Inc. (PAIM).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 -- Pearl Asian Mining Industries, Inc. (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 ) released today the second geo-survey and assay report. The report was conducted by Ostrea Metal Laboratory, Inc., a renowned Philippines chemical assay company, and completed on January 7 -- R.A. No. 32749. This second gold and silver assay report from the samples of two tunnels and selected trenches 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 mine site shows rich gold ore reserves. The XYZ Operation Gold Finger located in the Town of Baleno, Island of Masbate, Philippines, shows the following high-grade gold ores.
TO
GOLD SILVER COPPER REHABILITATE
SAMPLE (GPT) (PPM) (PPM) 2006
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Tunnel 4 IR 0.31 g 1.99 8.59 TBD
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Tunnel 4 2R 0.96 g 7.96 93.84 TBD
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Tunnel 4 7R 0.57 g 4.71 9.24 TBD
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Tunnel 3 2R 94.20 g 608.28 103.09 YES
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Tunnel 3 3R 49.44 g 242.57 25.56 YES
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Tunnel 3 5R 37.36 g 17.46 12.62 YES
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XYZ-GA 3R 8.57 g 17.46 12.62 TBD
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XYZ GA 4R 3.97 g 48.59 27.54 TBD
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XYZ GA 022 5.51 g 12.50 6.45 TBD
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XYZ AG 027 2.10 g 20.51 76.96 TBD
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Pearl Asian Mining continues its preparation to develop the infrastructures of the XYZ Gold Mine Site. The XYZ Gold Team soon will start to rehabilitate re·ha·bil·i·tate v. 1. To restore to good health or useful life, as through therapy and education. 2. To restore to good condition, operation, or capacity. the tunnel #3, operating at 50 metric tons per day, where the occurrence of the high-grade gold ores were identified and documented. Rich gold samples from Tunnel 3 were assayed at 37.35 grams per ton, 49.44 grams per ton and 94.20 grams per ton, giving an average of 60.33 grams per ton. A. The estimated average of the assay result from Tunnel 3 is 60.33 grams per ton of gold ore and can produce an output of approximately 15,083 grams of gold per day at 30-day month production (15,083 X 30 days) the output of 452,475 grams or 14,596 Troy Ounces (app. 1 gram = 31 Troy Ounce) which is equivalent to $7,298,000 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. per month at a selling price of $500.00 per Troy Ounce. B. Annual Gross Revenue (AGR AGR advanced gas-cooled reactor ) from the gold production to be $87,576,000.00 USD ($7,298,000 X 12). This estimated gold production does not include the sales of silver and other minerals. C. PAIM's macroscopic macroscopic /mac·ro·scop·ic/ (mak?ro-skop´ik) gross (2). mac·ro·scop·ic or mac·ro·scop·i·cal adj. 1. Large enough to be perceived or examined by the unaided eye. 2. plan for the whole Masbate Island because of its rich gold potential is implementing the Community Mining Assistance Program (CMAP CMAP Character Map CMAP Compound Muscle Action Potential CMAP Cover My Ass Partner CMAP Climate Modeling, Analysis & Prediction (NSF) CMAP Coherent Multiarray Processing CMAP Conference Manager Access Protocol CMAP Color Map ) and improved production capability of the Community Small Scale Miners. PAIM is expecting to acquire additional income at a minimum of 12 kilograms or approximately 387 Troy Ounces of gold, which is estimated to produce a gross revenue of approximately $193,500.00 USD. D. The $193,500 gross revenue per day ($193,500 X 30 days) is estimated to be $5,805,000.00 USD per month to give an annual gross revenue ($5,805,000 X 12) of $69,660,000.00 USD from the community's Small Scale Mining Assistance Program. E. XYZ Operation Gold Finger will yield an estimated total annual gross revenue of $157,236,600.00 USD ($87,576,000 + $69,660,000). This excludes the income anticipated to result from the sales of silver 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. . Should the current mining engineering plans continue to be on target, the scheduled income revenue will start to flow during the last quarter of 2006 and early 2007 then on. 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. 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 relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc 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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