Welcome!

News Feed Item

Amalgamated Gold and Silver Inc. (AGS) (PINKSHEETS: BCHS) Today Released a Letter to the Shareholders Updating 1st Quarter Activity

Amalgamated Gold and Silver Inc. (AGS) Project Update Letter to Shareholders

MIAMI, FL--(Marketwired - May 23, 2014) - Amalgamated Gold and Silver Inc. (AGS) (PINKSHEETS: BCHS)

Dear Shareholder,

The company would like to inform you of its progress on the Letters of Intent (LOI's) and various announcements made January through March, 2014.

Amalgamated Gold and Silver Inc. (BCHS) Signs Letter of Intent (LOI) On ULEXITE Asset

Jan 14, 2014 -- Amalgamated Gold and Silver Inc. (AGS) announced it has signed an LOI with EEPL proprietary, a Bolivian entity, to acquire a 51% controlling interest in the Ulexite Calcination plant in Oruro, Bolivia.

The company, after thorough due-diligence, found the costs to initiate the project three times higher than what was originally presented by the seller and therefore has elected not to proceed with the joint venture.

Amalgamated Gold and Silver Inc. Signs Letter of Intent (LOI).

Jan. 30, 2014 -- Amalgamated Gold and Silver Inc. (AGS) announced the signing of an LOI to joint venture and or/acquire the La Bonanza Concession located in Nayarit, Mexico.

While the results of the site visit and assay results from samples taken were positive, due to the location and elevation of the mine the company has decided that the initial costs for 6 kilometer access road and subsequent drilling program are prohibitive. At this time the company will not conclude this joint venture or acquisition. This concession, if available, will be revisited in the future.

Amalgamated Gold and Silver Inc. Confirms the Imminent Production of Antimony Ore from their St Anthony Mine in Bolivia.

Feb.4, 2014 -- Amalgamated Gold and Silver Inc. (AGS) announced it has confirmed the imminent production of Antimony Ore from its St Anthony Mine in Turiri Bolivia.

As a result of the recent mine site visit and subsequent reports, the company has decided that an open pit mining operation will be the most effective and economical for the long term. Local geologist Hernan Uribe has been retained to produce an open pit mining plan and projections for production. This will include the evaluation of a new adit recently opened which appears will intersect the main proven ore bodies of the Gamma, Alpha and possibly the Beta veins.

The company is actively engaged in the reopening of the San Antonio de Turiri mine and has deployed local Hernan Uribe and his associates to the mine site. Mr. Uribe's report and recommendations are expected the latter part of this month. Further information of the ongoing work at the mine will be published as it develops.

Amalgamated Gold and Silver Inc. Signs Memorandum of Understanding (MOU).

Feb. 5, 2014 -- Amalgamated Gold and Silver Inc. (AGS) announced it has signed a MOU to acquire the Huajara Polymetalic Processing Plant in Oruro Bolivia.

After inspection of the facility and due-diligence on the contracts for processing, the company has elected not to proceed with this acquisition having been unable to verify the contracts for processing from any of the company's as represented by the seller. In the event of confirmable contracts being made available, this project will be revisited.

The company thanks you for your interest and continued support.
Amalgamated Gold and Silver Inc.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.