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Nilam Resources (NILA) just dropped Enormous News about an hour ago regarding the Company’s Llipa Project located near the great Antamina mine. Antamina is a venture between some of the largest mineral companies 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.
Remember, this news has not been traded on yet; we could be in for another exciting day:
Today’s breaking profile is on Nilam Resources Inc - NILA
See today’s major news update in its entirety here: Full News Release
Nilam Resources 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. Nilam 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 planned monthly output is expected to grow to 6k tons per month. 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.
This could have the makings of a Giant; start your research right away:
www.southamericanmining.com
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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