Tri-Star Holdings, Inc. Announces the Company Is in Discussions With Autter Augers of Arizona to Begin Extraction Process
TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced the Company has negotiated an agreement with Autter Augers, an Arizona mining and security contractor, to man and outfit its mining operation at the Lucky Linda claim in Nevada. As a result of the negotiations, Autter Augers will provide equipment and manpower including two dump bucket cats, two 6 yard dump trucks, two 1 ton trucks, a wash rack and dry rack, and security equipment. Additionally, they will provide two RVs for the employees to stay on property both saving time and money while ensuring the security of the site. Autter Augers is presently preparing the equipment for relocation and can be on site in as early as two weeks. Four of Auttur Augurs representatives will be on site tomorrow in Nevada to assess and test the extraction process, delivering their samples to the company. They are leaving midnight tonight to go assess the location for setup and security purposes.
Management announced that it has begun negotiations with a second company to assist Autter Augers and to provide a second crew and equipment for a second extraction location on the property. With the installation of the Company’s Aero Mining Dove Superminer 150 recovery plant, the company can begin full operations upon receiving the permit from the BLM (Bureau of Land Management). Management has been in daily contact with BLM officials and foresees no delays in the permitting process.
CEO Anthony Mellone stated: “This is a very exciting time for us. The price of gold is at a new high, and Autter Augers will help us move the project much sooner than we expected. They will begin surveying the property Tuesday to install the security line and determine the operational base for the crews. We are poised to be fully operational upon our final approval from the BLM.”
For more information, visit www.tristarcorporate.com and www.tristargold.com
