Ensurge, Inc. Announces Completion of River Dredge Repairs
WEST PALM BEACH, Fla., April 26, 2016 /PRNewswire/ -- Ensurge, Inc. (Trading Symbol: ESGI) announced today that it has completed repairs on two cutterhead river dredges located on the Konawaruk river in Guyana. The gold dredging operations are conducted by Ensurge subsidiary North American Resources Inc. Ltd. ("NARIL"). NARIL is a Guyana mining company that has been conducting gold exploration and mining for over twenty years. NARIL currently operates two cutterhead dredges on the Konawaruk river. Gold production for NARIL exceeded 1600 ounces in 2014. In November of 2015, the Company announced it had completed acquisition of NARIL.
Repairs were made to both cutterhead dredges to increase efficiency and production of gold. The region's rainy season was to begin in December. Due to new weather patterns from an El Nino year, substantial delays occurred during the first two months of this year. Production, however, was re-established in March.
Clint Mishleau, the Company's CEO, stated, "We are pleased the repairs are completed and both dredges are operating. Gold production began recently and we anticipate releasing production updates soon."
The Company also announced that it plans on filing its annual report for 2015 the first week of May, with the report for the first quarter expected to be filed on or before May 15.
About Ensurge, Inc.
Ensurge, Inc. is a mining holding company that has conducted exploration and development of gold mining opportunities in Guyana, South America. Through its subsidiary, TransGlobal Gold Corp., the Company has been engaged in mine development in Guyana since 2012. NEW Website: www.ensurgegold.com
About North American Resources Inc. Ltd.
North American Resources Inc. Ltd. (NARIL) is a Guyana mining company that was formed over twenty-two years ago and has been actively engaged in mining activities for two decades. Consequently, it is one of Guyana's oldest junior mining companies. The Company completed acquisition of NARIL in November of 2015.
SOURCE Ensurge, Inc.
Share this article