Sunergy Management Team Joined by "The Dredgemaster" as Director of Alluvial Mining Operations in Sierra Leone & Liberia & Pr...
November 05 2013 - 8:45AM
Marketwired
Sunergy Management Team Joined by "The Dredgemaster" as Director of
Alluvial Mining Operations in Sierra Leone and Liberia and Prepares
for Early Cash Flow Operations
SCOTTSDALE, AZ--(Marketwired - Nov 5, 2013) - Sunergy, Inc. (the
"Company") (OTCQB: SNEY) Is pleased to announce that the famous
Dredgemaster from Sierra Leone and the UK has joined the Sunergy
Management Team as Director of Alluvial Mining in Sierra Leone and
Liberia with a commitment to early profitability.
Dredge has over 40 years' experience in the Mechanical Handling
and Mining Industry, mostly in Africa. In his position as Country
Director he was responsible for Security, Safety, Health,
Environment, and Training and holds recognized qualifications,
SITO, Security Industry Training Organization of which he is a
Teacher of Teachers. Dredge was one of those responsible for the
training of PAE staff prior to their relocation to Liberia from
Sierra Leone. He is qualified to Train Instructors. RTITB, Road
Transport Industrial Training Board of which he is an
Instructor/Examiner on Industrial Mechanical Handling Equipment and
able to deliver courses and provide training and issue recognized
certificates. Dredge is a hands on Miner and is commonly known as
"The Dredgemaster" and has been in and out of Sierra Leone and
Liberia since 1974 and spent most of the past 10 years in Sierra
Leone on the Pampana, Sewa, Moa, rivers, as well as the Lofa in
Liberia, to name a few. His commitment to training local people in
advanced mining techniques has proved profitable for the companies
that he has worked with. His contacts are numerous and he enjoys a
good reputation. Dredge is a Mechanical Handling Engineer by
training with extensive experience in the Granite, Gold and Diamond
sectors. He can and will repair all mining equipment and will train
others in order to pass that knowledge on to local people. Dredge
has worked with several of the large mining companies in Sierra
Leone involved in Granite, Gold, Diamonds and Iron Ore as an
Independent consultant.
He also is a master dredge operator and will oversee the design
build of another dozen or so dredges designed primarily for Diamond
and Gold recovery, but able to recover Black Sands (Ree's) and
river sand. These dredges will all be used in our own operations
directly producing cash flow. When idle, they will be deployed with
crew only to work in concert with other operations while earning
fees and a piece of each project.
Dredgemaster says: "I am glad to become a part of this new
dynamic Sunergy team. I have paid close attention to the goings on
at Sunergy and now that we are on track to engage daily profitable
operations, I am quite excited about our prospects going forward. I
am familiar with the areas of operation targeted for exploitation
in both Sierra Leone and nearby Liberia and am pleased to have the
opportunity to be part of the team turning Sunergy around to become
profitable."
Garrett Hale, President and CEO states: "I am really pleased to
have Dredgemaster on our management team. As part of our ongoing
commitment to upgrade management, Dredge offers us the opportunity
to grow and expand our base of alluvial mining operations in both
Sierra Leone and Liberia. He plans to get a half dozen dredges
operating in each country this dry mining season. Early estimates
for cash flow from test analysis is net $20,000 to $40,000+/ month
per dredge. There is a success formula that incentivizes our dredge
teams to make as much product as possible, which also helps
security. Our focus this mining season is to maximize cash flow and
profitability and we are well on our way now. Dredgemaster will
enable us to grow our operations with confidence."
Please visit the Sunergy website www.sunergygold.com and review
further information such as Company Reports under Projects,
Previous Press Releases and SEC filing information under Investor
Info. Home Page has a Special Link featuring our Africa Affordable
Housing Project. Our Facebook and Twitter sites are quite active,
so please visit our website to access those links.
About Sunergy: The Company is an aggressive junior mining
exploration and development Company that is production oriented at
the earliest possible profitable opportunity. We control the
Nyinahin mining concession with a full prospecting license in
Ghana, West Africa and are in the renewal process for our Pampana
River Rare Earth, Gold and Diamond concession in Sierra Leone, West
Africa. We are advancing operations there to the installation of a
commercial pilot plant to separate the gold and selected other
valuable minerals for sale.
We have recently formed a partnership with landowners in Liberia
to develop a significant gold, diamond and black sands project. We
have formed a partnership in affordable housing and building
projects suitable for development in Africa. We are always open to
Joint Venture participation on all our projects. We are production
and acquisitions oriented and are considering several additional
projects suitable for near term production.
Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as
that term is defined in Section 27A of the United States Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future,
including but not limited to, any mineralization, development or
exploration of the Nyinahin and Pampana Mining Concessions or cash
flow from Liberian mining operations.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of metals
prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also refer to the
risk factors disclosure outlined in our most recent annual report
for our last fiscal year, our quarterly reports, and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
Contact: President: Garrett Hale 707.255.5836
garrettsvp@gmail.com Investor Relations: Steve Parent 480.326.5435
steve@sunergygold.com Sunergy, Inc 14362 N. Frank Lloyd Wright Blvd
Suite 1000 Scottsdale, AZ 85260 Tel: 480.477.5810