Emerging producer of Gold and Silver in Mexico
Property hosts Inferred mineral resources of 225,750 tonnes of tailings with a grade of 2.0 g/t gold and 220 g/t of silver.
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Message: Looking forward

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Re: Looking forward

in response to Looking forward by truckulater
posted on Dec 05, 11 02:43PM

Dear shareholder,

The following response was provided by Gary Monaghan:

The best plan for UC as far as mill operations are:is to extend the life of the mill by exploring those areas immediately surrounding the facility, Xora and La Pinta to increase feedstock and maximize the use of the mill investment made by the company. UC has invested time, money and has run into items that have been complex - power grid failure, flood, tailings pond rebuild, equipment and so forth. But plans to inject the amount of capital to increase run and consistency rate are being formulated to provide the company with a high revenue run rate. Very few companies have it within them to get to production at all let alone consistent production, this year we plan to have targeted consistent cash flow and additional capital if necessary to acquire. Profits from the mill will be used to surrender debt, explore presently held properties and negotiate properties of interest. As far as moving the mill-the cost of move versus build from start will depend on what and where, you are milling.

Regards,

AGORACOM

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