Genesis Electronics Group Inc., (OTC-Pink:GEGI) announces it has signed agreement with Morrocota Gold to operate what will be called “The Project Gomez Plata.” The project is fully permitted and the project is operational within two months. The plant is presently being overhauled and has a capacity of 100 tons per day. The gold bearing structure is referred to as Sesgalete. The structure is over a mile long and an average width of 1.5 yards. The mineral material amounts to 1,170,000 tons with 154,227 ounces of gold, and 2,408,000 ounces of silver. Juan David Perez Schile, CEO, comments, “ We are thrilled to enter into this agreement, and my team is anxious to work with this group. They have identified our team’s ability to optimize projects and produce cash flow. This project will be a model for our strategy going forward. We provide all the engineering and will receive half the profit.”
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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.
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