Promithian Global Ventures Inc. (OTC:PGVI)
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Promithian Global Ventures is an exploration and mining company focused on gold and silver assets in Nevada, USA and Yukon, Canada.
-Projects:
The Green 1-4 and River 1-76 property consists of 80 contiguous claims on the Highland river, Watson Lake mining district. It is accessible by helicopter, float-equipped aircraft or River-boat.
The property is underlain by a comformable sequence of early Paleozoic shale and limestone, folded into a series of northwest trending anticlines and synclines, Copper and silver bearing strata-form quartz-carbonate veins occur in areas of structural complexities.
The main silver showing termed the Main vein has returned assays as high as 208 ounces per ton of silver. It is a 1.4 meter wide replacement vein with tetrahedrite, malachite and azurite occurring on the overturned limb of an anticline which appears to continue for at least 6 km to the northwest.
Potential also exists for the occurrence of a sedimentary exhalative type of lead-zinc-silver deposit found elsewhere in the Selwyn Basin in the vicinity of the claims.
Based on these results, further exploration work is warranted. Airborne geophysics, trenching and the testing of various exploration techniques are proposed, The target properties all host mineralization are excellent candidates for high grade, small scale underground mines.
-Refining technology:
The company announced that it has concluded the purchase of the full rights to a newly developed gold and precious metals refining
technology. The technology, and the right to design and build a functioning refinery, is now one hundred percent, 100%, owned by PGVI. Promithian Global Ventures, Inc. has concluded the purchase of the: “5-9’s Precious Metals Refining Technology”.
The Board of Directors believes this chemical process offers the hope to:
1. Process and refine previously difficult, or impossible, to refine ores.
2. Build refineries at a much smaller scale, and thus lower their capital cost, then the
existing Miller process and Wohlwill Electrolytic process.
3. Significantly reduce ongoing refining costs.
-Warburton property in southeastern Yukon, Canada:
-Projects:
The Green 1-4 and River 1-76 property consists of 80 contiguous claims on the Highland river, Watson Lake mining district. It is accessible by helicopter, float-equipped aircraft or River-boat.
The property is underlain by a comformable sequence of early Paleozoic shale and limestone, folded into a series of northwest trending anticlines and synclines, Copper and silver bearing strata-form quartz-carbonate veins occur in areas of structural complexities.
The main silver showing termed the Main vein has returned assays as high as 208 ounces per ton of silver. It is a 1.4 meter wide replacement vein with tetrahedrite, malachite and azurite occurring on the overturned limb of an anticline which appears to continue for at least 6 km to the northwest.
Potential also exists for the occurrence of a sedimentary exhalative type of lead-zinc-silver deposit found elsewhere in the Selwyn Basin in the vicinity of the claims.
Based on these results, further exploration work is warranted. Airborne geophysics, trenching and the testing of various exploration techniques are proposed, The target properties all host mineralization are excellent candidates for high grade, small scale underground mines.
-Refining technology:
The company announced that it has concluded the purchase of the full rights to a newly developed gold and precious metals refining
technology. The technology, and the right to design and build a functioning refinery, is now one hundred percent, 100%, owned by PGVI. Promithian Global Ventures, Inc. has concluded the purchase of the: “5-9’s Precious Metals Refining Technology”.
The Board of Directors believes this chemical process offers the hope to:
1. Process and refine previously difficult, or impossible, to refine ores.
2. Build refineries at a much smaller scale, and thus lower their capital cost, then the
existing Miller process and Wohlwill Electrolytic process.
3. Significantly reduce ongoing refining costs.
-Warburton property in southeastern Yukon, Canada:
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Website promithianglobalventures.com
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Founded Year 2001
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Employee Size 11 - 50
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Address 406 E. 300 S., #149 Salt Lake City, UT 84111