Sunergy, Inc has announced that it has entered into an agreement which expands its diamond and gold mining operations into the famous Kenema diamond district in Sierra Leone which covers a 7 mile length of the Sewa River.
“Both dredging and land based operations will be undertaken enabling operations to continue year round” the release said.
“This particular area has never been mined by any large or even small scale mining companies, because the majority of land is owned privately by the residents of the Chiefdom and over the years they have preferred to mine this area themselves.”
“Because of our established relationships with landowners there, we have been invited to provide support to the local artisanal miners who know where the best diamonds and gold deposits are located.”
David Price, the Dredgemaster, says: “I am really happy to have this opportunity to support the local miners in the Chiefdom and to enjoy 7 miles of the Sewa River with its many terraces that are known to be diamondiferous and still contain large amounts of in- situ diamonds.
“This area is one of the rare ones on the Sewa that has not been heavily mined historically. This area is close to our Kono operations and some equipment may service both areas easily, saving additional equipment costs, which allows for more profits.
“We now have serious roots in the major diamond areas of Sierra Leone and we have equipment to support our year round operations here. I am also pleased how our Liberia operations are progressing and we are looking at a land based operation there for year round operations.”
Sunergy President and CEO, Garrett Hale stated:” I am proud of our teams that we have put together in Sierra Leone and Liberia. They are truly international, comprised of Sierra Leoneans, Liberians, Americans and British. Everyone is incentivized to pursue the best opportunities for cash flow and profit and we have managed to put together teams that trust each other and manage to work together really well.
“A real thank you goes to our local miners and workers who cooperate with each other like a Nascar Pit Crew. I am also pleased to report that our newly acquired wash plant and loader will be operational in the next two weeks in Kono and our newly expanded operations in nearby Kenema will help support its ongoing economics.”
Friday May 30, 2014