Ucucha hasalready Los Angeles Lakers made significant steps towards
Ucucha hasalready relates los angeles times lakers blog made significant lakers wallpaper states steps towards achieving that goal; property waspurchased in Las Lomas to be used as a field office and ore buying fromminers located on Plexmar ground has already started. Ucucha’s goal is toinstall, in the next few months, a 100 TPD processing plant to treat highgrade ores coming from Plexmar’s concessions and from other areas.According to Ucucha, the ground geophysical survey may be re-initiated,in the short term, after obtaining approval from local leaders and minersas it will provide employment to local people. A detailed explorationwork program will be submitted to Ucucha in the coming weeks Los Angeles Lakers – wikipedia . AlthoughUcucha is very confident to fulfill its obligations within the prescribedtimeframe, the contract has a provision for a 30 day extension, ifrequired.Ucucha is a successful Peruvian mining company that operates 3 processingplants in Southern Peru lakers.com . Ucucha has produced, in 2008, over 10,000,000lbs of copper concentrate for total revenues of approximately $US 8millions. They have extensive experience and a very successful trackrecord in dealing with informal miners and communities Lakers tickets – nba . Ucucha shares thesame management as Iimpul Peru S.A., one of the largest Peruvian buyerand broker of small scale gold production.
In 2007, Iimpul had revenuesof over $120M US and is one of the top 157 Peruvian companies los angeles lakers payroll . Ucucha haslong term sales agreement with Louis Dreyfus Commodities Metals, one ofthe world’s leading commodity merchants, merchandising and trading bulkcommodities in international markets since 1851 nba.com – lakers .”We are delighted to have Ucucha as a partner laker season tickets for sale . They are experts indealing with community related small scale and informal mining how much are lakers season tickets . They willquickly obtain the permission to pursue the exploration program whilehelping the informal miners increase their production in a safe andefficient way” says Guy Bedard, president.The agreement is for a ten year duration and contains breakup provisionsfor both parties lakers vs golden state tickets . This agreement is subject to the approval of theregulatory authorities Los Angeles Lakers tickets .In other news, the Company has recently negotiated revised terms with theOwner of the Angolos concession. Payments totalling $525,000 US were tobe made to the Owner in 2008. The revised agreement calls for a total of$825,000 US to be paid over a 3 year period plus a total of 600,000shares Los Angeles Lakers tickets – nba .
The next payment is due on October 15, 2009 for $50,000 and thefollowing payments are as follows; $75,000 on April 15, 2010; $150,000 onOctober 15, 2010; $200,000 on April 2011; $200,000 on October 15, 2011and $150,000 on April 15, 2012 . The shares are to be issued as soon asapproved by the regulatory authorities.This press release includes certain statements that may be deemed”forward-looking statements” los angelos lakers tickets . All statements in this release, other thanstatements of historical facts, that address future exploration drilling,exploration activities and events or developments that the Companyexpects, are forward looking statements lakers clippers ticket . Although the Company believesthe expectations expressed in such forward-looking statements are basedon reasonable assumptions, such statements are not guarantees of futureperformance and actual results or developments may differ materially fromthose in forward-looking statements Lakers tickets . Factors that could cause actualresults to differ materially from those in forward-looking statementsinclude market prices, exploitation and exploration successes, continuedavailability of capital and financing, and general economic, market orbusiness conditions.143 M shares outstandingThe TSX Venture Exchange does not acceptresponsibility for the adequacy or accuracy of this release.Contacts:Plexmar Resources Inc.Guy BedardPresident418-658-6776 ext.107 2009, Market Wire, All rights reserved.-0-.
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