Gold Bar Development & Consulting Ltd.
Gold Bar Development & Consulting Ltd.: New Corporate Website
DGAP-News: Gold Bar Development & Consulting Ltd. / Key word(s): Miscellaneous/Investment 25.03.2014 / 11:09 --------------------------------------------------------------------- 25 March 2014; Hamilton, Bermuda. Gold Bar Development & Consulting Ltd. (the "company" or "Gold Bar") today presents its new multilingual Corporate Website in order to provide extensive information on company developments and current mining projects. In addition, Gold Bar's management team will be presented in detail. Gold Bar Development & Consulting Ltd. is a Bermuda based Gold
Exploration & Consulting Company with significant holdings deep in the Gold Rich Jungles of Guyana, South America. Below are some highlights from the new website: The Guyanese Gold Market Foreign corporations and individuals have significant barriers to entry as neither can be granted a prospecting or mining permit, which makes accessing this market a difficult task. The granting of prospecting permits, mining permits and claim licenses are limited to individuals who are adult citizens of Guyana, partnerships consisting of two or more citizens of Guyana or companies whose entire issue share capital is beneficially owned by citizens of Guyana. The Cuyuni Project Gold Bar Development & Consulting Ltd. has a 95% interest in The Cuyuni Project through a Joint Venture with a local Guyanese Corporation, giving Gold Bar local company status with regard to holding the mining permit. The Company's principal property, The Cuyuni Project is a 1,162-acre alluvial gold mining project that reached the development phase in July 2012. The overall deposit contains an estimated reserve-resource of 240,000 ounces of gold worth approximately $312,000,000. The Kamarang Project Gold Bar Development & Consulting Ltd. has a 70% interest in The Kamarang Project, also through a Joint Venture with a local Guyanese Corporation, giving Gold Bar local company status with regard to holding the prospecting permits. The property consists of approximately 11,462 acres. The Kamarang Project is located approximately 300 km south west of Georgetown, the capital of Guyana and 200 km from Bartica, a settlement at the junction of the Essequibo and Cuyuni rivers that forms the rallying point for work in the northwestern interior of Guyana. Management of Gold Bar Development & Consulting Ltd. Gold Bar's Management Team and Board of Directors include local Guyanese entrepreneurs, with a combined experience of over 50 years in alluvial gold mining operations in Guyana, and whom have long established relationships with the Guyana Geology and Mines Commission, Guyana Gold Board, local labor force, prospecting permit holders, mining permit holders, local land owners and lease holders. Saratu Phillips, CEO Mr. Phillips is a national of Guyana who has extensive experience in the gold mining industry. In 2003, Mr. Phillips co-founded Rogue Networks, which specialized in the implementation of new telecommunication systems in Guyana and the US (such as satellites, WIFI equipment, wireless long range telephones, and other technical equipment). Bryan J. Bardes, CFO Bryan J. Bardes graduated from the University of Massachusetts Amherst in 2004 with a Bachelor of Science degree in Accounting. He received his CPA license in 2006. Bryan has over four years of experience working for a Big Four accounting firm in Manhattan. Peter Phillips, Vice President Peter Phillips has an extensive 20-year track record of working in the mining industry. Born in raised in Guyana, Peter began as a pit worker at a local alluvial gold mining operation in the Quartz Stone region of Guyana at the age of 20. Clayton Ambrose, General Manager Clayton Ambrose has worked with and shadowed Peter Phillips for over 10 years. He started his career in the mining industry in 1987 in Guyana. He began working with Peter on a mining project in the Peruni-Tiger Creek Region. He has over 25 years of experience in the mining industry and has traveled to mining camps in every region of Guyana. About Gold Bar Development & Consulting Ltd.: Gold Bar Development & Consulting Ltd. is a Bermuda based Gold
Exploration & Consulting Company with significant holdings deep in the Gold Rich Jungles of Guyana, South America. Guyana has one of the largest mineral deposits in the world. The company currently concentrates on surface mining of a layer of approximately one meter. In order to maximize revenues, the company combines the team's experience with the latest technologies. The extracted gold is sold to the Guyana Gold Board. The company plans to utilize a portion of its profits on exploration work to determine the presence of gold that is embedded in rocks below the surface. Gold Bar also offers consulting services to other mining companies that want to start business in Guyana or mining companies that want to expand their operations in Guyana. By supporting other mining companies financially and logistically, Gold Bar can enter into joint ventures and participate in revenues. The possibility to share resources enables Gold Bar to generate a short-term Return-of-Investment. Company Contact: Gold Bar Development & Consulting Ltd. Saratu Phillips, CEO of Gold Bar Development & Consulting Ltd. Bryan Bardes, CFO of Gold Bar Development & Consulting Ltd. Telephone +1-855-419-4653 Address: Veritas Place 65 Court Street, Hamilton HM 12, Bermuda End of Corporate News --------------------------------------------------------------------- 25.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 259287 25.03.2014
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