As a result of the Share Exchange, we are no longer considered a shell company and there was a change in control of the Company. As a result, access to our mineral properties may be restricted during parts of the year. If we determine that capitalized costs associated with any of our mineral interests are not likely to be recovered, we would incur a write down of our investment in these interests. Currently, ideas for writing online we have produced nominal amounts of gold or silver from our properties. They will be periodically revalued by use of a Black Scholes valuation model.
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We currently have no plans to acquire any new properties at this time, as we have already developed an adequate portfolio and currently have the Golden Eagle acquisition under development. We mine the placer material using heavy equipment and then process the material through a wash mill located on the premises. We will continue to incur losses for the foreseeable future.
Due to the volatility of the price of gold, however, there is no guarantee that total gold demand will continue to grow at comparable rates in the future. However, modern exploration of the property began in and included the following work. We do anticipate earning revenues for the next fiscal year. The property and claims were acquired from Eureka Mining Co.
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Jafco, launching eharmony, articles and find a program. We continue to evaluate our costs and planned expenditures for our on-going development and care and maintenance efforts at our mineral properties. Our executive officers have limited experience managing a public company. If some investors find our common stock less attractive as a result, there may be a less active trading market for our common stock and our stock price may be more volatile. Most of these blocks tilt to the east, and the horizontal banding of individual flows shows clearly on their western scarps.
If the disruptions in the global financial and capital markets continue, debt or equity financing may not be available to us on acceptable terms, if at all. We have incurred substantial losses since our inception and may never be profitable. Power is brought on site via generators.
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Compass Minerals Group, Inc. We may face a shortage of supplies, equipment and materials. At EliteSingles, we focus on matching singles who are truly compatible in all elements of their lives. Mississippian strata crop out only in an area of less than a square mile in the southem most part of the county and consist mostly of shale. Mineralization in the Vortex Zone is thought to be related to several pulses of fracturing and hydrothermal brecciation, plus quartz.
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Because access to the mineral property may be restricted by inclement weather or other hazards, we may be delayed in our development efforts. These estimates are imprecise and depend on geological interpretation and statistical inferences drawn from drilling and sampling analysis, which may prove to be unreliable. The Bruner was optioned in to Patriot Gold in Las Vegas who makes annual payments to the Company which are current. During this period, the Company also performed surface geological mapping, and sampling in the area. These claims have both placer and hard rock geological characteristics, and presently we are mining the placer portion of the claim.
Fair value of options granted. As a result, we may need to explore raising additional capital during fiscal and beyond so that we can continue to fully fund our planned activities. Ordovician strata in most of the county consist of shale and siltstone and minor amounts of limestone, chert, and quartzite. Cash received as part of reverse recapitalization. The Company refused to make scheduled payments on this contract and forfeited deposits previously made.
Scott and his son to develop the Placer Gold Prospecting home base mining facilities in Beatty, Nevada. He works with his twin brother Manolo Lino Boullosa, who is an employee of our Mexican subsidiary. Marketable securities, when owned, job dating are classified as available-for-sale and are carried at fair value.
- These forward-looking statements are based upon management's expectations of future events.
- In the southernmost part of the county, Ordovician strata are mostly limestone.
- Regional zonation of mineralization is believed to be related to location of these rhyolitic intrusions as well as to the dominant lithologies through which hydrothermal systems operate.
Any matter deemed important for operating any form of dating business is covered at the January iDate event. Related articles Want a professional dating site for busy singles? We have audited the accompanying consolidated balance sheets of American International Ventures, Inc. We currently have limited insurance to guard against some of these risks. Along Strategic Priorities.
We bring love to people across the globe - no matter what language they speak! Failure to raise needed financing could result in us having to scale back or discontinue exploration activities or some or all of our business operations. Shares issued to founders.
Metamorphic equivalents of these rocks occur near granitic intrusives. The Company has experienced losses during most years since its inception. During our site visit we did notice past prospecting that occurred on this mine however it did not appear that any commercial operations have ever been in place.
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American International Ventures Inc
We may not be successful in obtaining the required financing, or if we can obtain such financing, such financing may not be on terms that are favorable to us. The rock formations for the project areas fit into the regional setting described for Mineral County. The site also has a Dresser wheel loader, guide and commercial fork lift.
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We may also not be insured against interruptions to our operations. Decrease in the value of mineralized material due to lower gold or silver prices. As a result, it has incurred no Federal income tax. There can be no guarantee that we will be able to obtain additional funding on terms that are favorable to the Company or at all. In accordance with accounting principles generally accepted in the United States of America, all expenditures for exploration and evaluation of our properties have been expensed as incurred.
- All of these factors may result in losses in relation to amounts spent which are not recoverable, or result in additional expenses.
- The Company performs a review for potential impairment of long-lived assets whenever an event or changes in circumstances indicates that the carrying value of an asset may not be recoverable.
- Our company acquired these two mining claims back in March of from the Eureka Mining Company for the purpose of further mineral exploration and development.
Shares issued as lease incentive. Weighted Average Number of Shares Outstanding. In addition, french dating site we presently have no revenue. No goodwill or other intangible asset was recognized. Warrants issued to secure escrow agreements.