Gold Mining in Honduras

Clavo Rico mine currently producing approximately 130 ounces of gold per month

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Razor Resources Inc. Profile

FAST FACT: The Razor Resources Calvo Rico mine in Honduras is currently producing approximately 130 ounces of Gold per month, which is equivalent to a gross revenue of $2,000,000+ per year.

Razor Resources Inc. has the opportune combination of a producing mine, a world-class resource, and unparalleled management, positioning the company at the summit of junior gold mining and exploration.

Razor Resources is committed to being both an exploration company and a Gold producing company, simultaneously developing both qualities at the same time. By increasing exploration on the concessions, while at the same time increasing monthly Gold production, the company is creating value on multiple levels both short term and long term. Razor Resources has a world class management team with a proven track record of creating value for junior mining companies that are poised for a breakout.

The Calvo Rico Mine

The Clavo Rico mine has gold grades varying from 4.0 g/T to greater than 100 g/T. The average grade from historic work is over 8 g/T, which can easily be improved with modern techniques and equipment. Based on drilling and the geographical reserve model, the estimated thickness of the oxide zone is 75m. The diamond drill program carried out in 2005 outlined gold quantities of 6.16 g/T to 25.8 g/T. One of the holes drilled was discovered a significant extension to the length of the strike of high-grade gold mineralization. Some individual veins have been determined to have strike lengths of 150 to 300 m, with widths up to 3 m. Grades range on average around 15 g/T gold, with deposits of several thousand tones of up to 200 g/T ore.

Razor Resources is in the process of assembling a comprehensive portfolio of gold concessions that our management team will develop to their maximum potential. Razor will be initiating both a production and an exploration drill program to further its two-pronged approach of adding shareholder value. The company will increase production through an aggressive program of drilling and modernization. Production at the Clavo Rico site will be increased through expansion of the mine and modernization of the processing of ore.

Last changed at 06-Sep-2011 12:56AM by AGORACOM-GT