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 announces its projections for 2018, 2019 and 2020 - EconoTimes)
MEDELLIN, Colombia, Sept. 14, 2017 -- The production listed below is based on only the current mining project in place, and the current price of gold. Juan David Perez Schile, CEO, states, “These numbers are based solely on a small expansion and current production capabilities. It does include more geological work to measure the size of the deposit and does not include other projects that we expect to acquire. Additionally, it does not include the silver that comes out of same extraction of Gold or any other precious metals.”
| Year | Tons per day | Production per year | |
| 2018 | 30 | $ | 7,117,500 |
| 2019 | 90 | $ | 21,352,500 |
| 2020 | 180 | $ | 42,705,000 |
Contact information: [email protected]
About Cacique Mining
The Guayuco project is a gallery project. Cacique Mining Inc. and Green Mine Solutions have entered into an agreement with Inca Worldwide (OTC Pink:QEDN) to grow Sacha Inchi on the land above the mine.
www.caciquemining.co
Caution Concerning Forward-Looking Statements:
Our public communications and SEC filings may contain "forward-looking statements" – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," or "target."
Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about our announced plan to reduce the size of our financial services businesses, including expected cash and non-cash charges associated with this plan and earnings per share of QED retained businesses (Verticals); expected income; earnings per share; revenues; organic growth; growth and productivity associated with our Digital business; margins; cost structure; restructuring charges; acquisition-related synergies; cash flows; returns on capital and investment; capital expenditures, capital allocation or capital structure; and dividends.
