{"id":2333,"date":"2017-10-01T11:11:25","date_gmt":"2017-10-01T10:11:25","guid":{"rendered":"https:\/\/hexaresources.com\/?page_id=2333"},"modified":"2018-11-05T16:51:00","modified_gmt":"2018-11-05T16:51:00","slug":"mining-strategy","status":"publish","type":"page","link":"https:\/\/hexaresources.com\/?page_id=2333","title":{"rendered":"Mining Strategy"},"content":{"rendered":"<p>[fusion_builder_container hundred_percent=&#8221;no&#8221; equal_height_columns=&#8221;no&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; background_position=&#8221;center center&#8221; background_repeat=&#8221;no-repeat&#8221; fade=&#8221;no&#8221; background_parallax=&#8221;none&#8221; enable_mobile=&#8221;no&#8221; parallax_speed=&#8221;0.3&#8243; video_aspect_ratio=&#8221;16:9&#8243; video_loop=&#8221;yes&#8221; video_mute=&#8221;yes&#8221; border_style=&#8221;solid&#8221; margin_top=&#8221;27px&#8221; margin_bottom=&#8221;3px&#8221; padding_top=&#8221;1px&#8221; padding_bottom=&#8221;30px&#8221;][fusion_builder_row][fusion_builder_column type=&#8221;1_1&#8243; layout=&#8221;1_1&#8243; spacing=&#8221;&#8221; center_content=&#8221;no&#8221; hover_type=&#8221;none&#8221; link=&#8221;&#8221; min_height=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221; background_color=&#8221;&#8221; background_image=&#8221;&#8221; background_position=&#8221;left top&#8221; background_repeat=&#8221;no-repeat&#8221; border_size=&#8221;0&#8243; border_color=&#8221;&#8221; border_style=&#8221;solid&#8221; border_position=&#8221;all&#8221; padding_top=&#8221;&#8221; padding_right=&#8221;&#8221; padding_bottom=&#8221;&#8221; padding_left=&#8221;&#8221; animation_type=&#8221;&#8221; animation_direction=&#8221;left&#8221; animation_speed=&#8221;0.3&#8243; animation_offset=&#8221;&#8221; last=&#8221;no&#8221;][fusion_title hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; size=&#8221;5&#8243; content_align=&#8221;left&#8221; style_type=&#8221;default&#8221;]Integrated Business[\/fusion_title][fusion_separator style_type=&#8221;single solid&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; sep_color=&#8221;#009874&#8243; top_margin=&#8221;2px&#8221; bottom_margin=&#8221;50px&#8221; alignment=&#8221;center&#8221; \/][fusion_title hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; size=&#8221;2&#8243; content_align=&#8221;left&#8221; style_type=&#8221;default&#8221;]<\/p>\n<p>Mining Strategy<\/p>\n<p>[\/fusion_title][\/fusion_builder_column][fusion_builder_column type=&#8221;1_2&#8243; layout=&#8221;1_2&#8243; spacing=&#8221;&#8221; center_content=&#8221;no&#8221; hover_type=&#8221;none&#8221; link=&#8221;&#8221; min_height=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221; background_color=&#8221;&#8221; background_image=&#8221;&#8221; background_position=&#8221;left top&#8221; undefined=&#8221;&#8221; background_repeat=&#8221;no-repeat&#8221; border_size=&#8221;0&#8243; border_color=&#8221;&#8221; border_style=&#8221;solid&#8221; border_position=&#8221;all&#8221; padding_top=&#8221;5&#8243; padding_right=&#8221;0px&#8221; padding_bottom=&#8221;0px&#8221; padding_left=&#8221;0px&#8221; margin_top=&#8221;5&#8243; margin_bottom=&#8221;&#8221; animation_type=&#8221;&#8221; animation_direction=&#8221;left&#8221; animation_speed=&#8221;0.3&#8243; animation_offset=&#8221;&#8221; last=&#8221;no&#8221;][fusion_title hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221; content_align=&#8221;left&#8221; size=&#8221;3&#8243; font_size=&#8221;&#8221; line_height=&#8221;&#8221; letter_spacing=&#8221;&#8221; margin_top=&#8221;&#8221; margin_bottom=&#8221;&#8221; text_color=&#8221;&#8221; style_type=&#8221;default&#8221; sep_color=&#8221;&#8221;]<\/p>\n<p><strong>The emerald market is an artisanal market, with small mining operations, mostly with significant potential to improve production and safety. There are three privately held major producers, the largest of which employs modern mining and security techniques.<\/strong><\/p>\n<p>[\/fusion_title][fusion_text columns=&#8221;&#8221; column_min_width=&#8221;&#8221; column_spacing=&#8221;&#8221; rule_style=&#8221;default&#8221; rule_size=&#8221;&#8221; rule_color=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221;]<\/p>\n<p>The high-quality portion of the emerald sector has consistently been a high margin business, with margins ranging from 50% to 100% for \u2018cut stones\u2019. However, production is often variable due to the nature of the emerald deposits.<\/p>\n<p>[\/fusion_text][fusion_text columns=&#8221;&#8221; column_min_width=&#8221;&#8221; column_spacing=&#8221;&#8221; rule_style=&#8221;default&#8221; rule_size=&#8221;&#8221; rule_color=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221;]<\/p>\n<p>We will be looking at several opportunities with \u2018marque\u2019 (or internationally known) mines that have produced high-quality stones in the past with good prospects for further exploitation and improved cost efficiencies.<\/p>\n<p>[\/fusion_text][\/fusion_builder_column][fusion_builder_column type=&#8221;1_2&#8243; layout=&#8221;1_2&#8243; spacing=&#8221;&#8221; center_content=&#8221;no&#8221; hover_type=&#8221;none&#8221; link=&#8221;&#8221; min_height=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221; background_color=&#8221;&#8221; background_image=&#8221;&#8221; background_position=&#8221;left top&#8221; background_repeat=&#8221;no-repeat&#8221; border_size=&#8221;0&#8243; border_color=&#8221;&#8221; border_style=&#8221;solid&#8221; border_position=&#8221;all&#8221; padding_top=&#8221;&#8221; padding_right=&#8221;&#8221; padding_bottom=&#8221;&#8221; padding_left=&#8221;&#8221; margin_top=&#8221;&#8221; margin_bottom=&#8221;&#8221; animation_type=&#8221;&#8221; animation_direction=&#8221;left&#8221; animation_speed=&#8221;0.3&#8243; animation_offset=&#8221;&#8221; last=&#8221;no&#8221; element_content=&#8221;&#8221;][fusion_text columns=&#8221;&#8221; column_min_width=&#8221;&#8221; column_spacing=&#8221;&#8221; rule_style=&#8221;default&#8221; rule_size=&#8221;&#8221; rule_color=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221;]<\/p>\n<p>As an initial investment, we may start with a smaller, lower cost artisanal mine producing quality gems, to establish early production. This mine will be either in production or close to production with all mining and environmental licences in hand.<\/p>\n<p>[\/fusion_text][fusion_text columns=&#8221;&#8221; column_min_width=&#8221;&#8221; column_spacing=&#8221;&#8221; rule_style=&#8221;default&#8221; rule_size=&#8221;&#8221; rule_color=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221;]<\/p>\n<p style=\"margin: 0cm 0cm 15.0pt 0cm;\">Our strategic medium-term goal is to\u00a0take a substantial equity stake and take over operations of a selected\u00a0marque mine in the next year or so, as the opportunity presents itself.<\/p>\n<p>[\/fusion_text][fusion_text]<\/p>\n<p>We will also be steadily developing our\u00a0exploration portfolio to move the licences\u00a0to mining and environmental approvals, and then into production.<\/p>\n<p>[\/fusion_text][fusion_text columns=&#8221;&#8221; column_min_width=&#8221;&#8221; column_spacing=&#8221;&#8221; rule_style=&#8221;default&#8221; rule_size=&#8221;&#8221; rule_color=&#8221;&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; class=&#8221;&#8221; id=&#8221;&#8221;]<\/p>\n<p>Our approach will be to bring modern technology and production techniques\u00a0to enhance production, and security, and to improve health and safety. At all times we will maintain\u00a0a firm policy on environmental and in support of the community.<\/p>\n<p>[\/fusion_text][\/fusion_builder_column][\/fusion_builder_row][\/fusion_builder_container][fusion_builder_container hundred_percent=&#8221;yes&#8221; equal_height_columns=&#8221;no&#8221; hide_on_mobile=&#8221;small-visibility,medium-visibility,large-visibility&#8221; background_color=&#8221;#009874&#8243; background_image=&#8221;https:\/\/hexaresources.com\/wp-content\/uploads\/DSC_0629.jpg&#8221; background_position=&#8221;center top&#8221; background_repeat=&#8221;no-repeat&#8221; fade=&#8221;no&#8221; background_parallax=&#8221;none&#8221; enable_mobile=&#8221;no&#8221; parallax_speed=&#8221;0.0&#8243; video_aspect_ratio=&#8221;16:9&#8243; video_loop=&#8221;yes&#8221; video_mute=&#8221;yes&#8221; border_size=&#8221;0&#8243; border_style=&#8221;solid&#8221; margin_top=&#8221;20&#8243; margin_bottom=&#8221;120&#8243; padding_top=&#8221;26px&#8221; padding_right=&#8221;54&#8243; 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