Cacique Mining Inc.(GEGI) announces its projections for 2018, 2019 and 2020.
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
About Cacique Mining
The Guayuco project is a gallery project. Cacique Mining Inc. and Green Mine Solutions has entered into an agreement with Inca Worldwide to grow Sacha Inchi on the land above the mine.