Sunergy, Inc. (the "Company") (OTCQB: SNEY) is pleased to announce that The Company has secured a TRON 406 50 ton/hour to 300 ton/hour wash plant built by Screen USA, in near new condition. It has a 1.5 yard, 9 foot grizzly and heavy duty hopper. With its variable speed 24 inch wide belt feed and a variable speed 4'x6' trommel, it is both fast and versatile. Its working capacity is from 50 tons to 300 tons per hour, depending on size of materials and can be towed by most trucks.
This plant is currently in Liberia and plans are to move it within the next two weeks to Kono district, the known diamond district in Sierra Leone to wash our own gravels and other gravels that we have contracted to wash for a percentage of the profits. This project is planned to work year round and has already received requests to wash gravels that will keep it operating continuously for at least the next 6 months. There is a larger wash plant within Sierra Leone that Dredgemaster has opened discussions with the owners from the UK, and should we develop an operation that would benefit this larger capacity, we will deploy it and move this first plat back to Liberia and start another Contract gravel washing project.
Company President and CEO Garrett Hale comments: "We now have four dredges working for cash flow, 2 in Sierra Leone and 2 in Liberia. We have also started a land based diamond and gold recovery operation in Kono district, Sierra Leone. This nearly new TROM 406 wash plant is perfect for gravel washing in Kono. Recently, while doing an audit of gravels waiting to be washed, it became clear that if we had a good high capacity wash plant, we could put it to work on our own gravels as well as process several other people's gravels for a nice piece of the profit as well. Our focus on using our equipment to produce cash flow is working and we have targeted several additional operations for dredging and washing gravels in both Sierra Leone and Liberia."
David Price, Dredgemaster, comments: "Our plans are really coming together. I am very happy with our Liberia Team and the additional projects that have been presented to us for evaluation. In Sierra Leone, we are already being sought after to wash gravels for others and others want us to partner up with them in additional dredging operations. We are very fortunate to have good people on our teams. This will enable us to handle the rapid growth that is going to be possible now."
Please visit the Sunergy website www.sunergygold.com and review further information such as Company Reports under Projects, Previous Press Releases and SEC filing information under Investor Info.
SUNERGY, Inc., a Nevada corporation (OTCQB: SNEY), is a publicly listed and traded, production oriented, junior mining company headquartered in Scottsdale, Arizona, USA that is production oriented at the earliest possible profitable opportunity and has an appetite to grow by profitable acquisition. As its core business, the Company has made a transition from an exploration only company to a company now focused on production and cash flow. We now have four dredges operating, 2 in Sierra Leone and 2 in Liberia. An 8th dredge sits between the two countries awaiting the most favorable deployment opportunity for fast cash flow. In addition to our core mining activities, the Company has used its considerable contacts earned over the past 4 years to develop non-mining partnerships and agency agreements with major international businesses representing Airport Security and Affordable Housing projects and Solar energy projects up to 250 megawatts, in the five West Africa Countries of Ghana, Sierra Leone, Liberia, The Gambia and Senegal.
Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any mineralization, cash flow developments or exploration of any of our exploration licensed concessions.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
SOURCE: Sunergy Inc.