Swingplane Ventures Inc.’s mandate is to aggressively pursue:
Swingplane Ventures Inc. is committed to increasing current production on the Algarrobo Property, Chile, to a higher level, resulting in a more significant operation. A due diligence property evaluation suggests there is a significant opportunity to further develop the mineral potential of the property and dramatically increase the current level of production. In addition, current , limited production emphasizes recovery and sale of high grade copper ore at an average grade of 9% Cu. The Company believes there is a tremendous opportunity to develop a state of the art processing facility to process and recover copper concentrate from ore having a grade as low as 1% (or less), further increasing the economic potential of the property. The Company intends to evaluate potential to: 1) increase the current level of production and 2) undertake construction of a processing facility to maximize recovery of economic grades of copper concentrate.
In addition, exploratory work to date had emphasized four major, and a number of smaller, possibly en echelon, veins at, or near, surface. The thickness and grade of these veins is interpreted to suggest significant exploration potential for identification of additional copper mineralization at greater, but potentially minable, depth. The Company believes there may be potential for discovery of a world-class copper deposit underlying the Algarrobo Property and immediate area and plans to undertake a coincident exploration program to further assess and evaluate this perceived potential.
History has shown that in periods of economic weakness, metals have proven to be a dependable hedge for investors against both inflation and a monetary crisis. Therefore, our philosophy is to acquire mineral properties and/or form partnerships with resource companies in small stage production with documented potential for increased development. Our short term goal is to increase existing production, with a long term objective of undertaking the exploration required to increase the available mineral resources, together with an expansion of the available infrastructure to support a larger operation.
The Company’s ability to access necessary financing, together with revenue realized from production, will enable exploration required to further evaluate and develop a property’s resource and production potential with minimal dilution, maximizing shareholder value.
Opportunities are available to the Company to bring increased value to our shareholders through active participation in projects and/or production. Through careful evaluation of all prospects and opportunities, Swingplane will undertake careful due diligence prior to any decision regarding acquisition and/or increased production in order to maximize returns and reduce risk to our shareholders.