Anderson , SC - Ideal Group of Companies, Inc. (OTC: IDGR) (“IDGR” or the “Company”), announced the successful completion of its acquisition of the El Quizer Mining Administrative Contract (the “El Quizer Mine” or “EQ”), a fully permitted, 675-hectare gold concession situated within the Bolivian Precambrian Shield in the Muñlo de Chávez Province, Santa Cruz Department, Bolivia. The acquisition positions the Company as a significant participant in the global precious metals sector at a moment when gold, platinum group metals (PGMs), and related elements have become strategically indispensable to the world’s most transformative technology industries.
ACQUISITION OVERVIEW
The El Quizer Mining Administrative Contract (Contract No. AJAM/DDSC/CAM/00023/2017, Unique Code 1000974) was issued by the Autoridad Jurisdiccional Administrativa Minera (AJAM), the official Bolivian governmental authority overseeing all mining operations in the country. The contract grants the holder the right to conduct all mining activities over a 30-year term, renewable for an additional 30 years, across 27 grids totaling 675 hectares (approximately 1,668 acres) in the Municipality of San Ramón.
The property is accessible via 185 kilometers of paved highway from Santa Cruz de la Sierra—Bolivia’s largest commercial hub—plus approximately 11 kilometers of gravel road, representing a total travel time of roughly 3.5 hours under normal conditions. Ideal Group’s acquisition of this asset secures a fully documented, legally contracted mining right with all required permits, environmental licenses, and mining registrations in force.
THE EL QUIZER OPPORTUNITY: A WORLD-CLASS GEOLOGICAL SETTING
The El Quizer concession sits within one of the most underexplored gold-bearing geological terranes on earth. The Bolivian Precambrian Shield, which extends across eastern and northeastern Bolivia, is geologically larger than the world-renowned Abitibi Greenstone Belt in Canada—a district that has yielded more than 170 million ounces of gold from over 100 mines since 1901. By contrast, the Bolivian Shield has produced fewer than 10 million ounces of gold to date, reflecting decades of limited capital investment rather than any shortage of mineral endowment.
Gold mineralization within the EQ area is of the orogenic greenstone type, similar to prolific deposits found in Canada, West Africa, and Western Australia. The property lies directly adjacent to the historically producing Puquio Norte Mine, which yielded more than 300,000 ounces of gold from surface saprolite alone during operations from 1996 to 2001. Field sampling of new veins within the El Quizer boundary has returned assay values of 4.98 and 8.61 grams of gold per tonne—grades consistent with economically significant hard-rock deposits.
KNOWN MINERAL RESOURCES AND STOCKPILE INVENTORY (2022 ESTIMATES)
Independent analysis and field assessment indicate the following mineral resource categories within the EQ Mining Administrative Contract area:
• Primary Oxide Stockpiles: Approximately 8 million metric tonnes at an average grade of 1.0 g/t gold, representing an estimated 210,000 ounces of contained gold. These stockpiles, left in place by the former Compañía Minera del Sur (COMSUR) operations, are fully accessible and represent a near-term, low-capital production opportunity with an estimated 12-year mine life at a processing rate of 2,000 tonnes per day.
• Sulfide Stockpiles: Approximately 2 million metric tonnes at an average grade of 0.7 g/t gold in sulfide matrix, with additional potential for platinum group metals (PGMs) and base metals.
• Virgin Primary Formations: An estimated 10 million metric tonnes in unworked primary geological formations at an average grade of 2.5 g/t gold, pending systematic drilling and reserve definition.
• New Vein Discovery: Recently mapped gold-bearing veins measuring approximately 4 meters in width across a 2-kilometer strike length, assaying between 4.98 and 8.61 g/t gold.
Preliminary XRF and cupellation analyses of rock samples also indicate the presence of platinum group metals (PGMs)—including palladium (Pd), iridium (Ir), and rhodium (Rh)—within the El Quizer concession boundary. These preliminary values require formal laboratory confirmation but are consistent with PGM occurrences documented in the region by the British Geological Survey. The presence of these metals, among the most valuable and strategically critical on earth, materially enhances the Company’s view of long-term resource potential.
WHY PRECIOUS METALS MATTER MORE THAN EVER: THE TECHNOLOGY IMPERATIVE
The acquisition of El Quizer could not be more timely. The global economy is undergoing a structural transformation driven by artificial intelligence, high-performance computing, electric mobility, and next-generation communications infrastructure—all of which are voracious consumers of precious and specialty metals.
Gold’s role in modern technology is both critical and growing:
• AI Data Centers & Semiconductors: Gold’s unmatched electrical conductivity and corrosion resistance make it irreplaceable in advanced semiconductor packaging, CPU bonding wires, and high-frequency connectors. As hyperscale AI data centers proliferate globally—with projected capital expenditure in excess of $1 trillion over the next five years—demand for high-purity gold in microelectronics is accelerating.
• Central Bank Accumulation & Monetary Demand: According to the World Gold Council, global gold demand reached 4,740 tonnes in 2022—the highest level since 2011—driven by record central bank purchases as sovereign institutions around the world diversify reserves amid persistent inflation and currency volatility.
• Palladium, Rhodium & Iridium in Clean Technology: PGMs are essential catalysts in hydrogen fuel cells, automotive catalytic converters, and electrochemical systems. Iridium is the critical material in proton exchange membrane (PEM) electrolyzers used to produce green hydrogen. Rhodium and palladium underpin virtually all emissions-control systems in internal combustion engines globally.
• Defense & Aerospace: High-purity gold and PGMs are used extensively in satellite systems, avionics, radar equipment, and electronic warfare systems—markets that are expanding alongside rising defense budgets worldwide.
The convergence of AI infrastructure build-out, energy transition demand, and monetary safe-haven buying has created a structural supply deficit for precious and specialty metals that is expected to persist for decades. El Quizer’s polymetallic potential—with gold as its anchor and PGMs as a potential co-product—places Ideal Group of Companies in a uniquely advantageous position.
COMMITMENT TO RESPONSIBLE “GREEN MINING”
Ideal Group of Companies is committed to operating El Quizer according to the highest international environmental and social standards. MetalPro SRL, the Bolivian operating entity within the El Quizer contract structure, has developed a comprehensive green mining framework that includes: elimination of mercury and cyanide from all processing circuits; closed-loop water recycling and reuse systems; use of renewable energy sources to minimize carbon emissions; prohibition of indiscriminate deforestation; and active engagement with local communities in the Muñlo de Chávez Province to ensure positive socioeconomic outcomes.
The Company believes that responsible mining and superior financial returns are not competing objectives. El Quizer’s development will be guided by this principle at every stage.
MANAGEMENT COMMENTARY
“The acquisition of El Quizer represents a defining moment for Ideal Group of Companies,” said Charles Cardona, Chief Executive Officer. “We are acquiring a permitted, legally contracted, geologically compelling gold asset in a jurisdiction that is actively seeking responsible foreign investment—at the precise moment when the metals this property contains have become indispensable to the technologies reshaping our world. AI, clean energy, and advanced manufacturing—all of them run on gold and platinum group metals. We intend to be a meaningful part of that supply chain, and to do it in a way that benefits Bolivia, our shareholders, and the communities where we operate.”
ABOUT THE EL QUIZER CONCESSION
El Quizer is a 675-hectare mining administrative contract situated in the Municipality of San Ramón, Nüflo de Chávez Province, Santa Cruz Department, Bolivia. The contract (Unique Code 1000974) is held under Bolivian Mining Law No. 535 and was formally approved by the Plurinational Legislative Assembly under Law No. 1022 on December 27, 2017. The property is fully permitted, with all mining patent payments current, an active environmental license (EMAP), a Mining Identification Number (NIM), and registration with Bolivia’s national mineral commercialization authority (SENARECOM). Geological studies of the broader San Ramón district have been conducted by the British Geological Survey, SERGEOTECMIN (Bolivia’s national geological service), and numerous independent researchers since 1976.
About Ideal Group of Companies, Inc.
Ideal Group of Companies, Inc. (idealgroupcorp.com) is a dynamic and growing enterprise focused on strategic acquisitions and operational excellence across multiple sectors. Through its Oxygen Mortgage division, its Hospitality Development Group subsidiary, and an expanding portfolio of commercial real estate, mining, and technology holdings, IDGR is committed to creating sustainable value for shareholders through disciplined capital deployment and operational execution. Headquartered in Anderson, South Carolina, IDGR pursues opportunities that deliver immediate financial leverage and long-term growth potential. For more information, visit idealgroupcorp.com.
Contacts
Ideal Group of Companies, Inc.
Charles Cardona, CEO
ccardona@idealgroupcorp.com
Tel. +1-864-345-8698
Hospitality Development Group, Inc.
Jerrold R. Krystoff, Chairman & CEO
info@hdgusa.com
DISCLAIMER and FORWARD-LOOKING STATEMENTS
Certain statements contained herein are “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the Company’s business plans, the effect of acquisitions on profitability, the projected economics of the 40 Connecticut Avenue property and the Frama Solar project (including lease income, solar production, cost, tax benefits, USDA REAP grant, carbon credits, utility savings, and cumulative cash flow), the availability and terms of working capital and construction financing, the effectiveness, profitability, and marketability of the Company’s products; the Company’s ability to protect its proprietary information; general economic and business conditions; and the volatility of the Company’s operating results and financial condition. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the Company and its industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that its expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.