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AGRI-DYNAMICS, INC. Shares Progress On The Red Cloud Mine Located In Northern California As Deal Closes For The Start Of A Core Sampling Program To Start Once The Spring Comes
Business
Jan 19 2024
5 min read

AGRI-DYNAMICS, INC. Shares Progress On The Red Cloud Mine Located In Northern California As Deal Closes For The Start Of A Core Sampling Program To Start Once The Spring Comes

AGRI-DYNAMICS, INC. (OTC Markets: AGDY), Shares Progress On The Red Cloud Mine Located In Northern California As Deal Closes For The Start Of A Core Sampling Program To Start Once The Spring Comes

 

AGRI-DYNAMICS has over the last year been working diligently with new parties associated with the owners of the Red Cloud Mine in negotiating with investors to raise capital for the start of a core drilling program at the Red Cloud Mine (RCM) located in Northern California. It has always been in the best interest of the Company, to support the owners in planning an upgrade the NI43-101 with additional assays from new core samples taken from the RCM to fulfill its obligations to retain its portion of the revenues once production at the RCM starts. The final raise by the new parties was achieved in late 2023, with the amount of 8 million dollars is enough to complete the core sampling at the RCM. The parties, unaffiliated with the company have now informed us that the sampling project can be scheduled for a start after the initial survey is complete.


Due diligence has been completed on the mining company validating their ability to complete the necessary tasks. The parties involved are traveling to Mexico to meet the team that will do the core sampling work at the RCM by the end of January. They will also review their current precious metal mining operations as they are considered for running the processing facilities to be set up at the RCM. The first group of geologists, surveyors as well as their mining engineer to assess the land compromising the patented RCM, the adjacent claims as well as certain geological features marked on the current survey map. Mr. Gewelke, the owner of the RCM will be meeting all of the parties on Sunday, January 21st when Joseph Amram will await a call to answer any questions regarding the RCM as he has extensive knowledge of the site as well as its history. Afterwards, the owners and the parties will be visiting the mine on Monday, January 22nd and 23rd.


Once the initial survey is complete, a plan will be drawn up to start a drilling program to attain new samples on all of the mining claims as well as the patented property that compromises the RCM. “We are very excited to have finally reached this point for the owners of the RCM and look forward to getting the assay results from the samples that are to be taken, verifying the huge potential resources available at the RCM.” says Joseph Amram, CEO of AGRI-DYNAMICS INC. After the core samples have been assayed and included in an updated NI43-101, the new parties involved plan to raise additional funds to begin the implementation of a mining plan to hopefully put the Red Cloud Mine into production by the end of the year. 


About AGRI-DYNAMICS, INC

 

AGRI-DYNAMICS, INC., (OTC MARKETS: AGDY) has been reinvented as a holding company that intends to acquire and joint venture with corporations that will help us increase revenue and generate valuable assets in various sectors. We specialize in the acquisition, investment, and development of small or large businesses. The company's current research is in the mineral, commodity, agricultural, technology, and energy sectors. We feel that today's market maintains a truly unprecedented opportunity for the acquisition of proven mining claims, high technology as well as valuable intellectual properties. Our aim is to grow our revenue, in part by assisting our subsidiaries to attain their revenue forecasts by making available additional financing, experienced personnel, distribution, marketing, and other services. AGRI-DYNAMICS, INC., is currently in search of valuable gold, silver, and EV Battery mineral mines that are close to production or will be in a reasonable amount of time. These assets can add immense value to the company and our shareholders quickly. AGRI-DYNAMICS, INC., (OTC Markets: AGDY)originally an agricultural and machine equipment Company, was founded in Iowa on December 8, 1961. For more information see the companies financial statements and related filings on OTCMarkets.com

 

Safe Harbor Statement

 

Forward-Looking Statement. This news release contains statements and information that, to the extent that they are not historical facts, may constitute forward-looking information within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives, economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as may, would, could, will, likely, except, anticipate, believe, intend, plan, forecast, project, estimate, outlook, or the negative thereof or other similar expressions concerning matters that are not historical facts. Examples of such statements include, but are not limited to, statements with respect to the objectives and business plans of the Company; the ability to realize benefits from its recent corporate appointments; the ability to retain its key personnel; the intention to grow the Company’s business and operations; the competitive conditions of the industries in which the Company operates; and laws and any amendments thereto applicable to the Company. Forward-looking information is based on the assumptions, estimates, analyses, and opinions of management made in light of its experience and its perception of trends, current conditions, and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. The material factors and assumptions used to develop the forward-looking information contained in this news release include, but are not limited to, key personnel and qualified employees continuing their involvement with the Company, and the Company’s ability to secure financing on reasonable terms. Forward-looking information involves known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from any future results, performance, or achievements expressed or implied by the forward-looking information, including, without limitation, risks relating to the future business plans of the Company; risks that the Company will not be able to retain its key personnel; risks that the Company will not be able to secure financing on reasonable terms or at all, as well as all of the other risks as described in the Company’s periodic disclosure statements. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information. The Company does not undertake any obligation to update any forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.


Contact:

Joseph Amram

Email AgdyInc@Gmail.com

Telephone 515.329.0208

Website www.Agri-Dynamicsinc.com