24Jun2014

Britannia To Advance Gold Division in 2014

Britannia Mining, Inc. announced today that the Company is advancing its gold division, eyeing global opportunities for ready to mine gold operations – beginning with projects of at least 100,000 oz. Recently, Britannia management attended meetings in the United Arab Emirates to discuss trading ready to mine gold, sourced from current operational gold mines that fall within Britannia’s business development pipeline. The Company’s vision is to create value at every stage of the mining value curve; from exploration, to extractive operations, through to end trading activities. “We have already shown that we can secure trading opportunities for commodities”, stated Kenneth Roberts, CEO of Britannia Mining. A comment made in reference to 100+ Million tonnes of ready mined iron ore Britannia has secured in Malaysia. “The next natural step for us is to develop our gold division”. To date, Britannia’s gold division has consisted of legacy gold claims in the Yukon, Canada – inherited through the merger with Micron Enviro Systems.  Management has recently renewed the gold claims and is currently in talks with potential partners regarding developing the Canadian properties. Mr. Roberts continued, “We are also in talks with potential UAE partners to leverage the pipeline of gold mining opportunities that our Malaysian and African relationships have made available to us; making extractive operations and ready to mine gold a real consideration.  Our intention to deliver near term revenues progresses another step forward.” Mr. Roberts concluded, “With the right partner, we can effectively integrate exploration; operations and trading.  Our visit to the UAE was beneficial to our vision and should yield quantifiable results.”

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  • 24 Jun, 2014
  • BritanniaMining
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