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Nevada Favorable to Gold Mining and Investors in Nevada Gold Holdings
Nevada Gold Holding's focus is on gold exploration in Nevada, a
world-renown and mining-friendly state. In 2005, approximately 7
million ounces of gold were produced in Nevada, placing Nevada third
behind politically unstable South Africa, and Australia. Nevada
produces 75% of the US gold production and 10% of the annual global
take. The state is home to some of the largest known gold deposits on
earth.
Over the last two decades, the development and expansion of mines such
as Goldstrike/Betze-Post, Meikle, Pipeline, Round Mountain, Twin
Creeks and Gold Quarry have proven Nevada is a key global gold
producer. The infrastructure in Nevada for recovery of gold from a
variety of ore types has dramatically improved with increased capital
investment by major mining companies and global investors.
Our Chief Geologist, Arthur Leger, and our Geological Advisor and Director,
Dave Mathewson, have built their entire careers on prospecting, exploring
and developing world class gold deposits in Nevada. Collectively they have
spent more than 60 years in the state of Nevada analyzing all of the different
opportunities. Mr. Mathewson has personally identified several gold deposits
containing a composite of more than 5 million ounces and managed
Newmont Mining's Great Basin and Carlin Trend exploration programs
that were responsible for discovering and significantly expanding
several additional gold deposits. Mr Leger is steeped in Nevada gold exploration
and mining having worked in senior geological roles with Cameco Gold Corp, Cyprus
Metals Exploration, Hecla Mining, Gold Fields Mining and Callahan Mining Company,
all Nevada operations. He has been the lead geologist on several significant gold
discoveries during his exploration activities. Included in Mr Leger´s experience
base, he has participated in exploration and mining activities in 15 states with
projects in gold, silver, copper, molybdenum, nickel and tungsten.
Throughout the successful careers of our key geological personnel, they have both
recognized high-potential gold exploration properties and Tempo is considered by
both to be one of the best properties both have seen to date. They believe the Tempo
property is capable of finding a world class deposit in the 5 million ounce range.
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