About
Dr. Abe Beagles
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Chronological History:
Geological Services and Mining Operations
1. The first operation that I put together was in 1968, this was before I was a geologist, the site was the Queensland area of Australia where we had claims on a major river in that area. The total project cost for this operation was $356,786.00. It involved a 12 inch dredge, situated on a barge that was 40’ by 60’ and recovery equipment located on the bank of the river. This operation went on for 4 years and produced a total of $3,510 678.00 in recoverable noble metals.
2. Next was Moose Creek in Alaska where we had over 600 acres in claims along the creek. I took on the expansion of this in 1970 where we were doing an average of 40 yards per hour to over 400 yards per hour. I found a Klondike 400 plant that was on two trailers and had all of the support equipment needed to feed it. This was purchased with gold for a price of $215,700.00 The total project cost was a little over $4,150,000. It was moved to Alaska and placed on the claims where it still sits today. It quit operating in 1985 after it had produced mountains of gold and silver.
3. Next was a property located on the Caribou River in Alaska where MLM owned 1,600 acres of claims along the river. We needed a plant that could handle up to 200 yards an hour of gravel. There were multiple sand and gravel bars along the river to mine. We found an 8 inch jet dredge and sit the recovery equipment on the land and this was mounted on skids so that it could be moved from bar to bar. The total sit up costs of this project was $3,700,560. This operation ceased in 1988 after it had produced over $17,000,000.
4. Honduras was our next site of operations high in the mountains where an old associate of my family had claims. I did a Phase 2 NI 43-101 Geologic Report on the property which was used to get the necessary funding for the project. A JV was put together and equipment was found that could be advanced to the country, the mine site required the building of 47 miles of road through the jungles. Each mile of this road when it was completed cost the company over $140,000 per mile. The equipment cost was an additional $2,670,000. It produced over $30,000,000 in an 8 year period.
5. In 1984 a property was made available to us by a friend of mine who owned claims on the Merced river at a place called Horseshoe Bar. This had placer and hard rock claims on it and it required me to write a NI 43-101 Geologic Report on the project which was used by the Lender to negotiate a loan with us for our necessary working capital and the equipment leasing package they offered. This was a river dredging operation that would involve no less 7 dredges operation on a 75’ wide stretch of river where no one had ever dredged before. We used a 12” sub-surface dredge in the middle of the river and on either side was two 10” sub-surface dredges flanked by two Keene 8” surface dredges and finally two 6” Keene surface dredges. We employed a twin line marine dredge with a rock rake that removed all rocks over 8 inches. That year during the dredging season we worked one hundred feet of river bed from bank to bank and we recovered 944 ounces of gold. There were 11 men involved and the cost to put the operation together was $245,000. The next year we returned and took another 867 ounces of gold from the river. We completed the operation in 1985.
6. In 1986, a property was joint ventured in a place called Browns Valley in California. It was an old river bed that had been raised to the top of a mountain by the uplift which created the Sierra Mountain Range. In order to get the financing the JV partners demanded that I do a NI 43-101 Geologic Report on the entire project. This operation cost a little over $7,000,000 to put together. It involved a Klondike 300 wash plant that was acquired for $565,000. The other equipment brought the total cost to over $2,000,000. This property produced more that $4,000,000 in revenues over its life.
7. In 1973, the family found a property in California that had the potential to produce large amounts of gold. The families decision was based on a National Instrument 43-101 Geologic Report that I had done for the owner of the property the year before. The environmental impact study cost $3.2 million dollars, the drilling program took 3 years to complete and cost more than $3,000,000. This would prove to be one of the best properties and mining operation that the family ever mined. The total project cost was a whopping $23,000,000 when all machinery and equipment was in place. It employed 289 men and produced over $70,000,000 in payrolls per year to the county. It operated until 1994 when expansion plans were continuously rejected by the county because there was more ore available south of Hwy 88 but because two housing developers objected to the expansion of the mine into that area and later it was found that they were bribing the county officials not to give further permits to the operation, that my grandfather shut down the entire operation and closed the mine for good. This was the Harvard Mine in Jamestown California. It produce billions in revenue over its life time. There is still gold left in the tailings piles that formed the new mountain. The hole in the ground was ¾ of a mile lone by almost ½ mile wide and 1427 feet deep. Today the water contains enough gold to make it profitable to sit an extraction unit up and just mine the water.
8. In 2019, I was contracted to do two National Instruments 43-101 Geological Reports on two mines in Arizona. After these were completed I offered one of my three gold recovery technologies to these and both of them have signed my Licensing Agreement for $125,000 each. This technology is called the Plasma Extractor System and recovers from 3 to 15 times the assayed value of the ore because we recover the Monoatomic and the Colloidal Gold that encapsulates each piece of black sand in an ore. I also receive 25% of all of the Noble Metals and the Rare Earth Elements (REE) that is in the ore. I have also engineered the complete recovery system for both of these mines and this equipment is a few of the most advanced pulverization technologies that exist today and some of the most advanced gold, silver and platinum group metals recovery equipment.
9. In 2019, I visited Mali West Africa and did a NI 43-101 Report on some 50,000 acres of placer gold land owner by one man. This is some of the richest placer ground that I have ever had the privilege of working on for it contains up to 3 ounces of gold in certain parts of the ground. A river runs through the entire 50,000 acres and makes dredging a dream work. The owner of the ground formed a Joint Venture with the Mother Lode Mining, Ltd. Company and funds are now being raised for a full blown mining operation to be conducted in 5 separate locations on this land as well as three Keene dredges working in the river. I will use my PES technology on the concentrates in order to increase the recovery of the Colloidal gold that exists here.