Pg Alluvial Mining Plc

PG Alluvial Mining PLC, founded by Jacky Pluton , has negotiated and secured ten concessions for mining operations in Mali. Under PGAMPLC and JPG Comptoir Mali these include 115 Km river leases and three land leases. The leases include all mineral rights and are 10-year leases with 2 automatic renewals creating 30-year leases that can also be reapplied for after the leases expire (30 years). Two of the land leases have been tested with very promising results for large-scale gold operations. Fougouni a 55 Sq. Km. parcel and Tofola is 108 Sq. Km. In particular, Tofola (located 250 Km from Bamako in the Sikasso region) has incredible potential for large scale mining with the neighboring parcels currently being explored and mined by Rand/Anglo to the east and African Gold Group to the west. Throughout the last year, PGAMPLC has been fully operational on a small scale river dredging and refining production facility in Mali. This has been critical in order to explore and address issues relating to: Operational logistics Production infrastructure Governmental relationship building Labor relations and training Dredging efficiencies Expense costing Security and transport Refined carat quality Maintaining full production during the rainy season Quantifying average sand yields over a longer term During this test year, PG Alluvial Mining PLC small-scale full production has extracted and exported 28.435 Kg of gold at an average yield of 2g/ton.