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Written by Emerging Issuer   
Thursday | 05 June 2008
Hidalgo Mining International Banner
  SYMBOL: (OTC: HMIT)
 
Interview with Hidalgo Mining International,
Mr. Mark Daniel Klok
.
 

ADDRESS

P.O. Box 1527
Port Wasington
NY 11050

Phone: (305) 778-8360
Fax: (212) 937-5282

Website:  http://www.hidalgominingint.com

 
MANAGEMENT TEAM
 
Mark Daniel Klok

President and CEO, has over a decade of investment banking experience in structuring and negotiating mergers and acquisitions, raising private equity, debt, bringing companies public and developing market maker support. He is a seasoned financial professional having ten plus years of experience with various companies including gold mining, oil and gas, bio-technologies, and real estate. Additionally, he has an extensive knowledge in using the OTC:BB, AIM and TSX exchanges bring companies public to access institutional funds through the capital markets. Mr. Klok will be organizing the Company's long-term growth by identifying future acquisitions and institutional relationships as the Company enters into a roll-up and consolidation phase.

William Tehan

Advisory Board Member, started his investment career on Wall Street with Gilford Securities between 1993 and 1996. From 1996 to 2000, Mr. Tehan held a position as an associate in the investment banking firm of Fine Equities. As an associate at Fine Equities, he worked on management and administration, restructurings, and various other banking deals. From 2001
to 2005, Mr. Tehan has held various positions at Brean Murray and Co., a New York-based investment bank. In 2005, Brean Murray merged with Carret & Co. to form Brean Murray, Carret & Co. LLC. Mr. Tehan was promoted to managing director and, as portfolio manager, is responsible for managing part of the firm's $3.5 billion.

Larry Rentzi

Advisory Board Member, 68, US Air Force veteran and current President of Advanced Industrial Minerals, Inc. (AIM), has a lifetime of experience acquiring businesses. His ability to enhance properties and distressed businesses has proven to be very successful, both domestically and overseas. Since 2002, Mr. Rentz has been involved in AIM, mining tantalum in West Africa. In June 2005 he reorganized and incorporated AIM, as well as personally raised $2.5 million(US) to acquire the assets of Advanced Minerals Group, purchase new equipment, buy the necessary licenses, and begin to the mining operation in Sierra Leone, Africa.

Since June 2005 he has been heavily involved in the Sierra Leone project, while continuing his real estate and home building business in the United States.

Lee Rice

Advisory Board Member and Consulting Engineer, has been the Chief Engineer and past President of Data Technology Services, Inc. since 1990. Mr. Rice designs and conducts geological and engineering studies, materials processing studies, and environmental control studies for client firms and organizations including Anglo American Gold, DeBeers, Citicorp, Behre Dolbear-Riverside, Colorado Division of Mined Land Reclamation, the Government of Taiwan, Pease Industries, and RTZ (Rio Tinto). He has developed specialized engineering and mathematical modeling computer software, components, and complete systems for process automation. Mr. Rice has authored several articles in Mining Engineering magazine and was Associate Editor of several publications, including "Mining Engineering Handbook", "Practical Placer Mining", and "Surface Mining Handbook". He is a Registered Professional Engineer and Registered Member of the Society for Mining, Metallurgy, and Exploration, and a member in good standing of theAmerican Association for the Advancement of Science (AAAS), ColoradoEngineering Council (CEC), Geological Society of America (GSA), Sigma Xi Scientific Research Society, and Society of Economic Geologists.

Robert Edwards

Security Advisor, has provided elite security and protection services throughout the United States and abroad for corporate executives, dignitaries, royalty, celebrities, and other high-profile individuals. He is highly knowledgeable in threat analysis, vehicle search and security measures, riot control, travel risk advisories and security concerns. Mr. Edwards is experienced with the local customs of Africa, Australia, Latin
America, South America, Haiti, and Europe. He is a Certified Security Driver, trained in extreme defensive driving and has certified knowledge inBio-Terrorism, Urban Terrorism, and Anti-Terrorism.

 
 
COMPANY OVERVIEW
 
Hidalgo Mining International (OTC: HMIT), an innovative mining company located in New York, strives to increase shareholder value while making aggressive moves to continue marketing its mining production on a global scale. HMIT management and directors hold an abundance of experience and knowledge in this rapidly growing industry that will ultimately result in the success of its ventures and longevity.
 
BUSINESS SUMMARY
 
As a result of a strategic acqisition of a portion of the key dredging asset of Consolidated Mining and Mineral Inc. ("CMM"), the company now holds mining rights to the prospective Tinkisso River project in Guinea, West Africa within the Siguiri Basin. The Fifa land prospecting permit is located in the northwest corner of the Siguiri Basin, approximately 88 kilometres west of the town of Siguiri and approximately 65 kilometres west of the Siguiri gold mine operation that is owned and operated by AngloGold Ashanti.

On May 7, 2003, the Guinean Government granted HMM a prospecting permit for gold and associated minerals over an area that forms a rectangle extending north from the Tinkisso River. The permit was issued for a period of two years and is renewable twice for two years, but each time its surface needs to be reduced by half. The permit has been renewed until April, 2009. The Fifa land prospecting permit is bounded to the south by the Tinkisso River dredging permit.

The Fifa permit area is underlain by finely stratified siltites, argillites and minor feldspathic sandstones typical of continental marine platform deposits and filling up most of the Siguiri Basin and is almost entirely covered with laterite duricrust plateaus, pediments and recent alluvialdeposits. Outcrops are rare and mostly saprolitic in nature.Immediately south of the Fifa permit area the pelitic sequences are cut bylenses and larger bodies of monzogranite and granodiorite of the typerecognized throughout the Siguiri Basin. Altered and weathered cobbles of afine to medium grain rock of basic composition (diabase) have also been observed in the area. The ductile deformation affecting the sedimentary sequences is along a general north-northeast axis. East-west attitudes are also noted south of the projects. The linear pattern of some of the streamsdraining towards the Tinkisso River in and around the area suggests that north-northeast to north-south and east-northeast to north-northeast structures have affected the rocks. The various orientations of quartz veinsand some of the ridges observed on the projects and elsewhere are concordant with these orientations. Evidence of hydrothermal activity is obvious on the projects where extensive quartz veining and kaolinite alteration is pervasive.

The free gold recovered from the alluvial deposits on the permit area finds its source in the country rocks. Lateritic processes acting in tropical climates have extensively transformed these rocks. Reconnaissance prospecting and soil sampling around the village of Fifa has highlighted the potential of the permit for both lateritic type and primary gold deposits.

Several quartz veins related to hydrothermal activities, often associated with gold mineralization, have been found on the permit. Pits and a trench have been excavated to properly sample one of the veins located south of the village of Fifa. The trench revealed that the vein is part of an extensive hydrothermal veining system similar to the one hosting some of the gold deposits at the nearby Siguiri gold mine. Sampling in this trench returned anomalous gold concentration in the altered wall rocks. The highest value obtained was 13.4 grams of gold per tonne over a 60 centimetre section of the trench.
 
Last Updated ( Friday | 26 September 2008 )
 
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