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Ensurge, Inc. Announces OTC "Current" Status and Commenced Mining at New Location
Ensurge, Inc. Announces OTC "Current" Status and Commenced Mining at New Location.
About this update from Ensurge Inc
[{"type":"text","content":"\n\n\n\nEnsurge, Inc. Announces OTC \"Current\" Status and Commenced Mining at New Location\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nEnsurge, Inc. Announces OTC \"Current\" Status and Commenced Mining at New Location\nPR Newswire\nWEST PALM BEACH, Fla., June 22, 2016\n\n\n\nWEST PALM BEACH, Fla., June 22, 2016 /PRNewswire/ -- Ensurge, Inc. (Trading Symbol: ESGI) announced today that it has completed updating its periodic reports with OTC Markets and is current on its filings.  The Company's next quarterly report, for the period ending June 30, will be filed on or before August 15, 2016.\n\nAs previously reported, historic changes in Guyana weather patterns the past nine months, most likely from El Nino, substantially affected available water in various mining regions.  Though a recent increase in water flow on the Konawaruk allowed the Company's subsidiary (NARIL) to recommence operating its two cutterhead river dredges, the Mazaruni mine sites lacked sufficient water to efficiently conduct gold mining operations.  \n\nIn response to the regional drought, in the first quarter of 2016 the Company acquired sufficient capital from Ambassador Charles Gargano to lease additional property in the Kaburi river region and move all mining operations from the Mazaruni camps.  This new lease allows the Company to prospect up to 10,000 acres of mining property, and conduct mining operations on subsequently selected areas of interest.  The lease required an initial payment, with standard royalties thereafter. The property has significant water running at the current site of interest and is workable almost year-round.  Because the property is strategically located on a main road only five hours from the mining gateway city of Bartica, the Company can transport labor and supplies to the camps by truck, which reduces transportation costs. Furthermore, when roads are affected by rain, this area retains the option of utilizing river transportation.  \n\nFunding from Mr. Gargano allowed the Company to move all operations from the Mazaruni to the Kab...