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Hello Valued Subscribers,
The Holiday Season has just begun and it has already proven to be exceptional. Last week, just two days before Thanksgiving, we watched as the company we profiled skyrocketed 1,450 % in a single day… one of our biggest winners ever. With Thanksgiving behind us it’s time to get back to it; yet how is it possible to follow up such an amazing week? Well, with the extra time afforded to us by the holiday, we’ve found something special… very special. Something that needs to be read to be fully understood; so get ready because historically this time of year has been great for our community. Let’s get right to it:
We’re sending a strong announcement out to all subscribers
Today’s new profile is on Nilam Resources Inc. (NILA)
Nilam Resources Inc. is a precious metal mining company with principal assets in Peru. Nilam is focused on the exploration and production of their current Llipa and El Varon properties in Peru. The Nilam Resources team will research, review and prove any reserves for the purpose of production as part of its growth plan. The Company also plans to recognize and acquire near-term production mining properties as part of its further growth strategy. Nilam has a lot going for them at the moment:
- Peru has a lucrative mining industry in which copper, silver, gold, iron ore, coal and phosphate rock are extracted and exported in substantial quantities. Peru is the largest product of Gold in all of Latin America.
- Nilam Resources is currently focused on the extraction of large mineral deposits from two major mines in Peru. Their current properties include the El Varon Project and the Llipa Project.
- In the last 5 years, the value of Peru’s mineral production has grown by nearly 25%. Gold production has increased by 20%, and gold exports have generated over $4 BLN in revenue.
- The nearby Antamina mine is a joint venture between some of the largest mineral companies in the world including Noranda, TeckCominco, BHP Billiton and the Mitsubishi Corp.
- The Llipa Project property contains approximately 1 million tons of tailings containing copper, gold, silver and zinc.
- With gold prices reaching record highs in recent months, Nilam Resources could be well positioned to capitalize on this opportunity.
- By focusing their operations in a fairly concentrated region in Peru, the Company is able to streamline its operations and provide efficient infrastructure for producing precious metal commodities.
- Currently many analysts are predicting another major price increase for base metal over the next 3 years.
The Company formed a wholly owned Peruvian subsidiary to hold title to their claims and any other claims which the Company may acquire in the future as Nilam is currently in the process of seeking additional mineral properties and are continually evaluating other opportunities in South and Central America.
Peru’s unique gold-rich history, combined with the surging prices of gold, silver and copper creates a unique business opportunity that Nilam Resources is prepared to take advantage of.
The Llipa Project is constituted of two mining concessions: the Prospera mine and La Prospera XXI. The mine follows the NW Mineralization Trend along with 2 poly-metallic mines: Antamina and Cerrode Pasco.
- The Antamina mine is a joint venture between some of the largest mineral companies in the world including Noranda, TeckCominco, BHP Billiton and the Mitsubishi Corp.
Antamina is rich in gold, silver, copper and zinc and is the largest single-circuit milling operation in the world.
The Llipa Project property was in production from 1988 to 1992 by Compania Minera Millotingo which produced approximately 1 million tons of tailings containing copper, gold, silver and zinc which currently remain on the property.
Production was closed due to a combination of market forces and social reasons and now Nilam Resources has placed themselves in what could be a perfect position to take advantage to this property!
Today, the international community considers Peru a stable country with a robust economy. According to a recent article, “Leftist Win in Peru Revives Market Debate,” from 2005 to 2010, Peru’s per capita gross rose 82%. The country also reduced its poverty rate by one-half, reducing it from 60% to 30% over the past decade.
The El Varon Project consists of the Tati and San Marino No. 2 mining concessions. The laboratory analysis shows poly-metallic mineral deposits rich in gold, silver, copper and zinc metals.
The planned monthly output is expected to grow to 6k tons per month. El Varon already has the necessary infrastructure for mining operations, including electricity, proximity to water and accessible transportation.
Nilam Resources could be a giant! With so much going on the upside here is enormous. This could be an exceptional opportunity, start your research right away:
Company website:
www.southamericanmining.com
Yahoo Finance:
www.finance.yahoo.com/q?s=NILA
Situations like this do not come along every day; they may be in for something big!
As always, we encourage you to do further research. Also, when you find yourself in a position to profit, it is often wise to do so.
Very Best Regards,
The Explosive Team
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