Ebola Virus in Sierra Leone and Liberia -- Sunergy Operations Uninterrupted and Personnel Oriented on Safety and Remain Safe
Company Has Received the Necessary Funding to Sustain Winter Operations and Standard Seasonal Operations Through the End of 2014
Press Release Source: Sunergy Inc. On Thursday August 07, 2014
SCOTTSDALE, AZ--(Marketwired - Aug 7, 2014) - Sunergy, Inc. ("Sunergy" or "the Company") (OTC Pink: SNEY) (PINKSHEETS: SNEY) understands the Ebola Virus is a serious medical and safety issue in Sierra Leone and Liberia, but is pleased to report that our operations have remained uninterrupted and company personnel are kept regularly informed regarding the severity of this virus and the necessity to take all precautions and efforts of cleanliness in efforts to remain safe.
We also confirm that seasonal repairs on our dredging equipment in Sierra Leone are complete on Dredge #1 which last week started in the Woa River, outside Kenema in an area between two large scale productive diamond operations. A second dredge is slated to start another new operation and will be being used as a wash plant; washing gravels already uncovered near Kono.
Garrett Hale, President and CEO says, "After a brief rehabilitation of our operating equipment in Sierra Leone, we have commenced the rainy season activities as planned. The Ebola outbreak is very serious in both Sierra Leone and Liberia, however, we have the good fortune to be operating in locations that are so far unaffected by this virus. We are in constant communications with our personnel about proper safety precautions and they have chosen to work during this time."
Liberia operations continue on land based areas and pits, adjacent to the Lofa river site, as the Company is defining the parameters of the diamonds found earlier last month. These pits are sizeable and will allow Sunergy crews to dredge alongside the river to uncover gold and diamonds that could have been deposited in the ancient river beds before the river changed natural course. Sunergy has continued operations, kept equipment protected and in place for the non-rainy season, and also completing the proper due diligence to see how far the diamondiferous soils extend.
Mr. Hale continued, "We have planned well, with the leadership and guidance of David price and his chosen personnel, to have the opportunity to work with our equipment and local communities during the rains. Our new projects in the Kenema and Kono areas are substantial, and, for the first time in our operating history we will be ready and in place for the entire upcoming dry season. We will have additional updates as soon as information is available. Security warrants that we continue to be non-descriptive of specific locations at this time."
Hale further comments, "We wish to acknowledge our brave and determined local mine workers and especially honor the unwavering commitment of David Price, Dredgemaster, who leads our mining operations in both countries during these trying times. His diligent efforts and experience are the reason we are still able to operate at this difficult time."
Management continues work on our Mining, Affordable Housing and Airport Security projects in these West African Countries. We have permanent people on the ground in each country to assist during the Ebola outbreak, who are all safety trained. Solar Power Projects are also now being reviewed in Liberia, The Gambia and Senegal while feasibility information for solar in Sierra Leone and Liberia is being studied. More news will be forthcoming shortly on these projects.
Further updates on our operations and non-core business activities will be forthcoming.
About Sunergy: Sunergy Inc. (OTC Pink: SNEY) (PINKSHEETS: SNEY), a Nevada corporation, is a junior mining company headquartered in Scottsdale, Arizona. The Company has made a transition from an exploration only company to a company currently focused on production and cash flow. We now have four dredges operating, 2 in Sierra Leone and 2 in Liberia. An 8th dredge sits between the two countries awaiting the most favorable deployment opportunity for fast cash flow. In addition to our core mining activities, the Company has used its considerable contacts earned over the past 4 years to develop non-mining partnerships and agency agreements with major international businesses representing Airport Security and Affordable Housing projects and Solar energy projects up to 250 megawatts, in the five West Africa Countries of Ghana, Sierra Leone, Liberia, The Gambia and Senegal. For more information, please visit www.sunergygold.com
Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any mineralization, development or exploration of the Nyinahin and Pampana Mining Concessions or cash flow from Liberian mining operations.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
CSIR Group, LLC.