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Posted on 28 January 2014.
By
Amalgamated Gold and Silver Inc. (BCHS) is a Miami, Florida based junior resource company that focuses on the acquisition, exploration, development, and production of mineral resources located primarily in Mexico and South America.
One of the company’s current projects, The San Antonio Mine, covers 100 square kilometers and consists of 49 concessions ready for mining in the South American country of Bolivia. Within these concessions lie two resources in high demand worldwide, antimony and gold, with over $1.2 billion in proven resources. Antimony is a key element in the making of flame retardant products, polyethylene terephthalate (PET), polyester, lead batteries, touchscreen and semi-conductors, LED screens, ammunition, and ceramics and glass products. Additionally, the project will also include the development and processing of 22,500 tons of tailings dump and have been concluded by research to contain between 3.5% – 5% of antimony; a value of $7 million at minimum.
Additional revenue will derive from the company’s second project, La Bonanza and Black Power Concession, in Mexico that contains high grades of gold, silver, iron ore and copper.
Symbol: BCHS [ Current PPS: $0.0551 Outstanding Shares: 455.7M Float: 15.7M – a/o January 28, 2014 ]
Website(s): www.ags-inc.co
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