SUNERGY, Inc., a Nevada corporation (OTCQB PINK:SNEY) is a publicly listed and traded, production oriented, junior mining company headquartered in Scottsdale, Arizona, USA that is production oriented at the earliest possible profitable opportunity and has an appetite to grow by profitable acquisition. It is engaged in the evaluation, acquisition, exploration, planned operation and advancement to production of largely alluvial gold/rare earth elements and diamond recovery projects in Ghana, Sierra Leone and Liberia West Africa. This year marks the beginning of our Cash Flow Operations as the Operating season is just about to get underway.
CASH FLOW 2013-2014: SIERRA LEONE AND LIBERIA ALLUVIAL DIAMONDS & GOLD RECOVERY OPERATIONS
Company Management has dramatically changed its operating plan from an exploration model to a cash flow driven operation. Operating under exploration licenses requires money to be spent without the opportunity to sell products recovered in the exploration phase. A distinct lack of exploration funding industry wide coupled with investor interest being more focused on cash flow today than sometime in the future has encouraged Management to adopt this change. Accordingly, we have entered into support agreements in both Sierra Leone and nearby Liberia to combine our equipment and operating expertise with local artisanal miners to assist in the rapid development of otherwise hand driven operations only. Two benefits occur immediately, one for the local miners who gain support on the recovery of their discovered gold, diamonds and black sands and one for our Company, having the exploration phase already completed and gaining the opportunity to immediately begin operations in already proven lands and rivers which are capable of producing economic quantities of Gold, Diamonds and Black sands containing the rare earth elements. Management believes this enables the company to enter into immediate and sustainable cash flow which is accretive to shareholder prosperity.
Sunergy President and CEO, Garrett Hale says: “We now believe that we have established business relations that allow us to be profitable going forward. This will reward our current shareholders and attract future shareholders to our company’s operating strategy. We have deployed our two newly purchased Keene dredges In Liberia and have been running daily operations to locate our defined area to concentrate our efforts. At the experts hands of the"Dredgemaster", we have now consolidated our efforts with both dredges operating in one location that is producing significant and sufficient results to warrant continued operations throughout the rainy season.We believe we are finally at the right place with the right equipment and support to put Sunergy in forward motion with real production. We are proud of our entire team on the ground and the solid relationships we have formed within each country.
Our Wash Plant project in Sierra Leone is in progress, and we are equally as excited about our advancement with this venture, opportunity and relationships made within Sierra Leone as well, and looking forward to an update of the wash plant operations once arrival of equipment takes place."
- Current Documents:
- AMS License Letter (PDF)
- AMS Concession Report September 2010 (PDF)
- Executive Briefing (PDF)
- Sunergy, Inc Powerpoint Presentation (PDF)
- Technical Report (PDF)
GHANA 2013-2014: SEEKING ALLUVIAL JOINT VENTURE PARTNER FOR DEVELOPMENT OF GOLD RECOVERY OPERATIONS
We enjoy significant opportunities in Ghana for profitable alluvial and hard rock gold development. Dredging is not allowed in Ghana and earth moving equipment and gold washing recovery facilities are very expensive so Management has determined to focus our active gold diamond recovery ops in Sierra Leone and Liberia where dredging is allowed. We have contacted a private operating Company that has several million dollars in good quality operating equipment with a fabrication facility able to create additional gold washing and recovery equipment and Management is pursuing discussions to find the best way to work together to develop our alluvial opportunities.