BibleInSong

BMXI Management report on the ensuing quarter activities at our Indonesian operations…Following the end of Ramadan, on 31 March, an additional contingent of 23 workers are arriving onsite from Java.. Mining will commence on an initial 2 shafts with ore tested to 20g Au/ tonne.. initially 3 production runs per week, during April, will produce 22.5 tonnes of ore/week, yielding 450g dore and generating 338g of fine gold, or monthly sales revenue of $128,450 at current prices.. In May this year, we will double the number of operating shafts to 4, and beginning to extract higher yielding (30g/bag) from deeper excavated shafts, increasing monthly revenues to $500k.In the months of May and June, we will be bolstering the workforce with an additional contingent of miners, for an interim total of up to 80, and doubling the number of active shafts in total, so we can focus on doubling production and approach our historical revenue and profit levels by the end of June…. Further updates on operations, in addition to a final update on the audit process, next week.