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Interview Information: Interview Date: 04.08.08 Run Time: 15:17
Dutch Gold Resources 30 Second Commerical
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The Company
About Dutch Gold Resources Dutch Gold Resources, Inc. (DGRI.PK) is a developer and operator of proven gold mines and a regional mill in North America. Dutch Gold Resources, Inc. acquired the Benton Mine, the Gold Bug Mine, and the permitted and operating mill from Dutch Mining LLC in 2007.
Currently the Company's principal producing assets are the historic Benton Mine and the new mill site, both of which are located in Southern Oregon. Located adjacent, is the historic Gold Bug mine that is planned for exploration and development. Gold ore from both facilities will be processed at the mill facility. The historic Benton Mine is an underground mining site using simple, low tech proven mining processes in political stable geography - the U.S.A. The company's mining engineers expect to commence development of the Gold Bug Mine in 2007.
The Mines
Dutch Gold Resources, Inc. owns the lease of The Benton Mine consisting of 24 gold mining claims on 480 acres; which are all in good standing including 8 patented claims and 16 claims located on US Forest Service Land. Dutch Gold also owns the adjacent Gold Bug Mine on 110 acres with 5.5 patented claims. Dutch Gold Resources, Inc. acquired these interests in a share exchange agreement with Dutch Mining, LLC. The mines are located near Grants Pass, OR.
The Benton Mine was the largest gold mine in southwest Oregon during the late 1930's. It was founded in 1893 and was the largest underground mine in Oregon. World War II created a major setback for gold mining. During 1942, the War Production Board passed an order titled L-208 which stopped all non-essential mining; gold mining was included as non-essential. The order was revoked a few years later, however until recently the Benton Mine had been absent from commercial operations since 1942.
The Benton mine is an advanced stage exploration and production project with a substantial investment already made in recent exploration and development which has started delivering gold concentrate in 2007. Dutch Gold recently completed the construction and fine tuning of its ore mill. This is the only permitted, commercial scale mill in Oregon.
From 1994 to 1996 Dutch Mining LLC invested over $4.5 million exploring and developing the Benton Mine and undertook a baseline study for all the necessary permits to operate the mine and build an ore mill to produce gold ore concentrate. While mining the known ore bodies, the Company feels there is also the potential to significantly upgrade the resource base of Benton by drilling out areas untapped by historic mining and drilling.
In January 2005 Dutch Mining reopened the Benton Mine and performed a full rehabilitation of the mine, and built a new gold ore mill to process 150 tons of ore per day which can be increased to 300 tons as needed. From January 2005 until the present approximately $4.5 million of additional investments were made.
The Gold Bug Mine is owned by Dutch Gold Resources, Inc. From its discovery until 1942, it produced an average of two ounces of free gold per ton generating $750,000 of income when gold was at $20 an ounce. As soon as the Benton Mine is in full production we will begin further exploration and development of the Gold Bug Mine. The opening of the Gold Bug Mine is scheduled for late 2007, and we have been upgrading our mill to be able to process free gold.
Determining when and how to invest gold market can be a daunting task. Below are some resources that we, and our investors, have found helpful in determining the best market segment in which to invest. This list is by no means complete, if you find a resource that helped you make a good decision, please contact us and we will add it our list. http://www.researchworksllc.com/Research/DGRI/
This link provides independent research on Dutch Gold Resources Incorporated, as well as photo tours of The Mill and Benton Mine: http://www.kitco.com/reports/
This link provides daily information on precious metals from such sources as Scotia Capital, Standard Bank and others. http://www.miningweekly.co.za
This site also provides news and updates tailored to the mining sector. http://www.gold.org
The official website of the World Gold Council offers a wide variety of information specifically structured to investment information on the gold market. http://www.24hgold.com/default.aspx
24hGold provides up to the minute information for the gold sector.
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