Sunergy's Website Has New Slide Show Presentation of Recent Gold and Diamond Dredging Operations on Liberia's Famous Lofa River
17 June 2014 - 3:50PM
Marketwired
Sunergy's Website Has New Slide Show Presentation of Recent Gold
and Diamond Dredging Operations on Liberia's Famous Lofa River
MONROVIA, LIBERIA--(Marketwired - Jun 17, 2014) - Sunergy, Inc
(the "Company") (OTCQB: SNEY)
Garrett Hale, CEO and President, states, "We are excited to
release the first footage of deployment and operations from Liberia
as shown in the new link provided by our website,
www.sunergygold.com. A video presentation will come soon.
"We owe thanks to our entire team for the continued diligent
efforts surrounding the exploration, permitting and ongoing testing
that has taken place which has now allowed us to consolidate both
dredges in one location which is producing sufficient evidence for
continued operations throughout the rainy season in
Liberia. Sunergy has awaited this day when we could be
confident enough to report that we have discovered the appropriate
amounts of gold and diamonds to substantiate that production and
profit is within reach in the near future. The 'dredgemaster' and
his team are committed to continue during the rough winter
conditions as a reflection of his recent and positive assessment of
the dredging and washing results.
"Our shareholders have been waiting patiently for an operations
update, but we were not willing to release an update on operations
until we had substantial results which would warrant an appropriate
production/operation update. Just as in the link to the footage,
the photos and excerpts are unedited and narrated in the words
direct from the Crew. We want the public to know that we are a real
company with real hard working and dedicated people within. I am
truly impressed with the progress made to date in Liberia: the
underlying challenges are not always apparent, but after being in
country, I can attest to the complications and level of difficulty
of what our team has accomplished. We are not willing to edit or
fluff actual operations to give the public unsubstantiated
expectations. I can also assure you that the 7 day a week
efforts performed by the crew to test multiple sites, which have
now been able to lead to the consolidation of both dredges in one
area, will allow us to continue operating within an approximately
365 acre site without interruption for the entire year. This is a
Milestone Event because it marks the first real time that Sunergy
has had the opportunity to operate where sustainable cash flow is
the result.
"As previously published, we have secured a wash plant that is
in process of being transported and set up in Sierra Leone in a
productive area, which will add significant production and revenue
generating opportunities outside our own properties.
"This is truly the day I have been waiting for, because I came
on board Sunergy to work with our staff to improve the operations
team and start production opportunities. We want to thank all the
shareholders who have continued to support our determined
efforts to reach this first and significant goal."
Dredgemaster David Price says: "I am really happy to provide an
accurate up close and personal view of where we are working, how we
live and some idea of the conditions where we operate. We have
additional housing back from the Lofa River, where we live in a
more conventional manner when not dredging or washing gravels. I am
working on a video which will show washing operations and results
of a typical 6 hour shift of dredging, an example of which was
shown in the slide show. We have previously discussed why it is not
yet appropriate to discuss specific quantities, but this visual
shows you that we are actually working and recovering gold and
diamonds in Liberia.
An update on Sierra Leone operations will soon follow which will
include updates on Kono wash plant and ground operations, Kenema
dredging on Moa River for diamonds and gold and the recent 7 miles
of Sewa River plan of operations for the balance of 2014.
Management representatives have visited London, Gambia and are
now in Sierra Leone prior to going to Liberia.
Discussions re funding for our substantial Diamond and Gold
purchasing program and a program to start a housing factory in
Sierra Leone
SUNERGY, Inc., a Nevada corporation (OTCQB: SNEY), is a publicly
listed and traded, production oriented, junior mining company
headquartered in Scottsdale, Arizona, USA that is
production-oriented at the earliest possible profitable opportunity
and has an appetite to grow by profitable acquisition. As its core
business, the Company has made a transition from an exploration
only company to a company now focused on production and cash flow.
We now have four dredges operating, 2 in Sierra Leone and 2 in
Liberia. A 5th dredge sits between the two countries awaiting the
most favorable deployment opportunity for fast cash flow. In
addition to our core mining activities, the Company has used its
considerable contacts earned over the past 4 years to develop
non-mining partnerships and agency agreements with major
international businesses representing Airport Security and
Affordable Housing projects and Solar energy projects up to 250
megawatts, in the five West Africa Countries of Ghana, Sierra
Leone, Liberia, The Gambia and Senegal.
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 on mining concessions or cash flow from any 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: Garrett Hale President, CEO Sunergy, Inc. 707.255.5836
garrettsvp@gmail.com 14362 Frank Lloyd Wright Blvd. Suite 1000
Scottsdale, AZ 85260 480.477.5810 Steve Parent Sunergy, Inc.
Investor Relations 480.326.5435 steve@sunergygold.com