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American Company Spotlight

|
Dutch Gold Resources, Inc. Website:
Click Here |
Information As Of: April 17,
2007 |
| Exchange:
Pink Sheets |
Market Cap:
42.6 Million |
| Outstanding Shares:
30 Million |
52 Low / High:
$1.05 / $2.35 |
|
Price
April 17, 2007:
$1.42 |
DGRI Recent Stock Quote and News:
Click Here |
'Dutch
Mining Resources is focused on
permitted or close to permitted projects with 10 -- 15 year
mine life that are mine-able with simple and proven
technologies. Properties accessible to nearby labor pools and
excellent infrastructure will be targeted. '
OverviewDutch Mining Resources is engaged in
the mining and processing of proven gold reserves in North
America. Dutch Mining currently operates two mines in
southwestern Oregon, consisting of the Benton Mine which it
leases and the adjacent Gold Bug Mine, which it owns. The
company presently has 24 gold-mining claims, including 8
patented claims and 16 claims located on U.S. Forest Service
land, the Benton Mine and the Gold Bug Mine. The company
also operates the only large scale mill in Oregon, adjacent
to both the Benton and Gold Bug Mines, with capacity to
process over 120 tons of ore per day.
Investment Highlights
- DGRI successfully Shipped in Excess of 800 Ounces of
Gold in March.
- Announced the successful upgrading of their mill in
Grants Pass, Oregon, the only commercial mill in the area,
resulting in a 175% increase in capacity. Utilizing the
newly upgraded mill, the Company successfully completed
three shipments during the month of March.
- The increased capacity is expected to process the
Company's production for the next 24-36 months from the
Southern Oregon holdings.
- The Benton Mine, a gold mine located near Grants Pass,
Oregon, has proven and probable reserves in excess of
235,000 ounces of gold.
- Dan Hollis, Chief Executive Officer of Dutch Gold
Resources, stated, "We're pleased to have commenced regular
gold shipments. This inflection point marks the Company's
successful transition from a testing phase to a production
stage.
- DGRI anticipates significantly higher ore production
throughout Spring 2007 and the balance of 2007, as a result
of a larger complement of mining personnel and improved road
conditions and the mine improvements that have been
implemented year-to-date.
- DGRI's strategy is to focus on overlooked resources
which can be quickly and cost-efficiently brought into
production.
- Announced it plans to become a fully reporting company
with the Securities and Exchange Commission at which time it
expects to list on the Over The Counter Bulletin Board.
Profile
Dutch Gold Resources (DGRI) is a gold mining company with
operations focused in the Western United States. Currently
the Company's principal producing assets are the Benton and
Gold Bug Mines located in Southern Oregon.
The Benton Mine is a permitted mining and processing site
using simple, low tech proven mining processes in political
stable geography - the U.S.A. The mining engineers expect to
reopen the Gold Bug Mine in 2007. Dutch Gold Resources
acquired the Benton Mine from Dutch Mining LLC in 2007.
Properties
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 acquired these
interests in a share exchange agreement with Dutch Mining,
LLC. The mines are located near Grants Pass, OR.
The Benton mine is an advanced stage exploration and
production project with a substantial investment already
made in recent exploration and development which has already
started delivery of gold concentrate. Dutch Gold recently
completed the construction and fine tuning of an Ore Mill.
This is the only permitted, operating large 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.
In January 2005 Dutch Mining reopened the Benton Mine and
performed a full rehab of the mine, all equipment 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 to
now approximately $4.5 million of additional investment was
made.
The Gold Bug Mine owned by Dutch Gold Resources, when mined
up until 1942 produced an average of two ounces of free gold
per ton generating $750,000 of income when gold was at $20
an ounce. Now that the Benton Mine is in full production the
Company will begin further exploration and development of
the Gold Bug Mine. The opening of the Gold Bug Mine is
scheduled for 2nd Quarter 2007.
Opportunity
DGRI's Management believes it is an extremely undervalued
gold equity that is yet to be fully appreciated by
institutional and retail investors. Management believes this
to be true for a number of reasons. These reasons are:
• Currently operating the only commercial mine in Southern
Oregon and the only large scale mill in the state
• Reputation and experience of the management and mining
teams
• Feasibility Study indicates excellent rate of return at
current gold prices
• Proven and Probable Mineral Reserves of 250K ozs, further
development in current mining operations could increase
reserves in the coming months. The Company is also
evaluating other acquisition targets.
• Permitted mine, processing facility and reserve base
situated in Western North America.
• Ability to ramp up production in 2007 & 2008 not tied to
additional capital.
Strategy
Dutch Gold Resources' corporate strategy is simple.
The plan is to bring high quality, management geologists and
mining engineers to unrecognized and undervalued gold
assets. Such assets must meet stringent criteria for
economic production levels with additional exploration
typically rounding out the potential of a proven resource.
DGRI only seeks projects with very attractive economic
returns. It is their intention to restart or expand older
deposits previously viewed as uneconomic at sub $300 gold
prices by adding new capital and effective and efficient
mining practices.
Dutch Gold Resources plans to primarily but not exclusively
focus its efforts at acquiring or merging assets with
companies holding attractive deposits in Southern Oregon,
Northern California, Montana, Nevada and Arizona.
The Company focuses on permitted or close to permitted
projects with a 10 -15 year mining life that are mine-able
with simple and proven technologies. Properties accessible
to nearby labor pools and excellent infrastructure will be
targeted.
Why Gold
Dutch Gold Resources' plans production of approximately
20,000-25,000 oz. of gold in 2007, ramping up from current
operations. By the second quarter of 2008, the Company
believes it will more than double 2007 production. This could
occur even as gold enters what most experts believe will be a
strong rising gold price environment.
Investment banks are posting new gold price forecasts and they
are all being revised upwards.
These are exciting times for the gold industry in general and
also for the many new investors who seek exposure to gold as
an asset class with proven value to add both growth and
stability to investor portfolios.
Recent News and Press Releases
Dutch Gold Resources Reappoints Benton Mine GM,
Begins Drilling Initiative (Mon, Apr 9)
Dutch Gold Resources Reports Initial Gold Sales
(Tue, Apr 3)
Dutch Gold Resources Completes Major Mill Upgrade
(Mon, Apr 2)
Dutch Gold Resources Announces Plan to Become Fully
Reporting With the SEC (Tue, Mar 27)
Dutch Gold Resources Updates Company Progress
Commences 2007 Production Program (Tue, Mar 13)
DUTCH GOLD RESOURCES INC Financials (Tue, Jan 30)
Dutch Gold Resources Completes Acquisition of Dutch
Mining, LLC (Tue, Jan 16)
Tombstone Western Resources, Inc. Announces Name
Change to Dutch Gold Resources, Inc. (Tue, Dec 12)
TOMBSTONE WESTERN RESOURCES, INC. Financials (Tue,
May 16)
Daniel W. Hollis - Director and CEO
Mr. Hollis brings thirty years of corporate finance and
management experience to the Company. He is a seasoned
entrepreneur with a background in venture capital, private and
public company funding. His experience includes turn-around
situations, and development of fast growth management teams
for special situations. He has served as an officer and
adviser to numerous private and public growth companies.
Mr. Hollis served as Registered Principal of Investacorp,
Inc., a NASD broker-dealer, where he had supervisory
responsibilities for the State of Georgia. He is a member of
the National Association of Investment Bankers.
Ewald J. Dienhart - Chairman of the Board
Mr. Dienhart has an extensive background in real estate
development, corporate finance and mining development.
Project developments in Germany since 1983 have been valued at
over 2 Billion (DM). In North America, his real estate
development projects include the construction of 22 factory
outlets. HIs interest in mining is focused on the reactivation
and financing of promising natural resource properties.
Contacts
Dutch Gold Resources, Inc.
3500 Lenox Road
Suite 1500
Atlanta, GA 30326
e-mail:
info@dutchgoldresources.com
FORWARD LOOKING STATEMENTS
This report includes forward-looking
statements that reflect Dutch Gold Resources, Inc. current
expectations about its future results, performance,
prospects and opportunities. Dutch Gold Resources, Inc. has
tried to identify these forward-looking statements by using
words and phrases such as "may," "will," "expects,"
"anticipates," "believes," "intends," "estimates," "plan,"
"should," "typical," "preliminary," "we are confident" or
similar expressions. These forward-looking statements are
based on information currently available and are subject to
a number of risks, uncertainties and other factors that
could cause Dutch Gold Resources, Inc.'s actual results,
performance, prospects or opportunities to differ materially
from those expressed in, or implied by, these
forward-looking statements. These risks, uncertainties and
other factors include, without limitation, the Company's
growth expectations and ongoing funding requirements, and
specifically, the Company's growth prospects with scalable
customers, and those outlined above. Other risks include the
Company's limited operating history, the Company's history
of operating losses, consumers' acceptance, the Company's
use of licensed technologies, risk of increased competition,
the potential need for additional financing, the terms and
conditions of any financing that is consummated, the limited
trading market for the Company's securities, the possible
volatility of the Company's stock price, the concentration
of ownership, and the potential fluctuation in the Company's
operating results.
Disclaimer
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company web site and other publicly available sources deemed
reliable. For more information see our disclaimer section, a
link of which can be found on our web site. This document
contains forward-looking statements, particularly as related
to the business plans of the Company, within the meaning of
Section 27A of the Securities Act of 1933 and Sections 21E
of the Securities Exchange Act of 1934, and are subject to
the safe harbor created by these sections. Actual results
may differ materially from the Company's expectations and
estimates. This is an advertisement for Dutch Gold
Resources, Inc. The purpose of this advertisement, like any
advertising, is to provide coverage and awareness for the
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