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Has anyone heard anymore news on this? See latest news item under this link. There is a statement about barite revenue expected this quarter. Any thoughts?
I wonder about that too. There are so many mining companies that have sprung up in the last couple years. Not so sure about this company. Anyone can come up with a press release nowadays.
Haven't been following this one for a LONG time. The profile for RRHI states the website is lantislaser.com but when I visit the site, it states it is 'suspended'.
http://ca.finance.yahoo.com/q/pr?s=RRHI
Thanks,
Anyone here have any information on TAG minerals i.e. is there any existing web site? And, also does anyone have information on where exactly in Zimbabwe that the stake is claimed? I know that a new website is being produced with the latest news on the merger but just need to know more information i.e. how many employees, background info. As I understand TAG Minerals Inc is incorporated in New Jersey and the address is a residential home.
Thanks
Anyone know what's happening with LLSR besides the last few news releases in this forum. Haven't heard any details yet on the mining.....
Lantis Laser's Operating Affiliated Company TAG Minerals Zimbabwe (Private) Limited (TAG-Z) Orders First HPC-30 Gold Recovery System to Commence Its Own Organic Alluvial Surface Gold Mining Operations
FREEHOLD, N.J., Aug. 30, 2011 (GLOBE NEWSWIRE) -- Lantis Laser Inc. (OTCQB:LLSR.PK - News), is pleased to announce today that its operating affiliated company TAG Minerals Zimbabwe (Private) Limited (TAG-Z) has placed its first purchase order for a state-of-the-art HPC-30 Gold Recovery System. The HPC-30 system, purchased from IE-TEC Marketing Limited, boasts a large gravel/sand processing capability and is expected to serve TAG-Z well in its goal of becoming a cost-effective and economically viable mining company. TAG-Z will now be able to mine its own mineral claims as well as continuing to implement its strategy of acquiring seasoned mining/mineral companies to ramp up to a solid stream of continuous revenue for Lantis. TAG-Z has used two smaller exploratory HPC-10 machines for over one year to explore for gold and to bulk sample many miles of riverbed soils with gold bearing sands.
Tapiwa Gurupira, CEO of TAG-Z, and a director of Lantis, is spearheading TAG-Z's operations in Zimbabwe. Mr. Gurupira has formed many solid relationships with highly qualified and experienced mining professionals in Zimbabwe and has recently added two more outstanding professionals to TAG-Z's arsenal of experts, both possessing strong backgrounds in strategic mine planning, exploration and development, quarry management, geological consultancy and metallurgical expertise with local and international experience. Tapiwa Gurupira said: "With the price of gold soaring to $1800 an ounce recently, we believe that the timing could not be better for TAG-Z to commence its own mining operations, as well as to continue to stay focused on its other main corporate objective of executing strategic acquisitions of seasoned and sound mining companies that possess solid prospects, with synergies that align well with that of TAG-Z."
Greig Oppenheimer, CEO of IE-TEC Marketing Limited, as well as a director of Lantis, added "IE-TEC is very excited to build and deliver to TAG-Z its first HPC-30 Gold Recovery System and fully expects to fill many more orders from TAG-Z for IE-TEC's internationally patented lines of Heavy Particle Concentrators (HPC) Gold Recovery and Mineral Separation Systems." He went on to say, "IE-TEC's HPC technology allows for 95% to 98% gold recovery down to 50 microns in size. The process is environmentally safe for the land, as well as for its people, as the HPC system uses no chemicals whatsoever in performing its purpose, which is the efficient extraction of gold and/or other minerals in mining operations."
Lantis Laser Inc. (parent/holding Company)
Lantis Laser Inc. is the parent/holding Company with two independently operating wholly-owned subsidiaries, Lantis Laser, Inc. (New Jersey) and TAG Minerals Inc.
About Lantis Laser, Inc. (New Jersey)
Lantis Laser, Inc. is developing under license, synergistic, high resolution, light-based imaging modalities which can detect decay and microstructural defects at an early stage, and unlike x-ray, do not emit potentially harmful ionizing radiation. Its products are in development and cannot be sold until FDA clearance for marketing is obtained.
About TAG Minerals Inc.
TAG Minerals is a U.S. based (incorporated in Wyoming) mineral resource acquisition, exploration and development company, with operations conducted through its operating affiliated company, TAG Minerals Zimbabwe (Private) Limited. The company's business is managed by its directors and officers who have mineral extraction and commercial experience. TAG's strategy is to identify, acquire and exploit mineral properties that have potential. TAG Minerals is augmented by independent financial, geological, and mining professionals who advise the company on its mining and exploration projects throughout Zimbabwe, Africa.
To find out more about the mining equipment utilized by TAG; visit www.extrac-tec.com
Safe Harbor.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.