Southern USA Resources, Inc. Reports on Mining Equipment as Company Prepares Gold Production for 201
Southern USA Resources, Inc. Reports on Mining Equipment as Company Prepares Gold Production for 2013
ASHLAND, Ala.--(BUSINESS WIRE)-- Southern USA Resources, Inc. (the "Company") (OTC BB: SUSA), a natural resource exploration and development company, today reports on its mining equipment that has been established on the Company's flagship property, SUSAR No. 1. The Company has been running its equipment and making modifications to prepare for its gold production for 2013.
The Company's primary processing equipment includes a Gator 42" X 16" portable jaw crushing plant with a 16 ft. grizzly feeder and a 42" discharge conveyor, Gardner Denver 18" X 18" pulverizer, Tyler 4' X 8' multi deck wet screen, and Oro Industries custom mobile wash plant with custom rougher spiral gold separator machine. Combined, the processing equipment has the potential to process up to 75 tons of material per hour for approximately 10 hours a day, for 5 days a week.
Once the ore is mined from the land, the material is loaded to a hopper, which then drops the material into the grizzly feeder, then into the Gator crusher that has a maximum 180 ton running capacity. The crushed material then passes through the Tyler wet screening machine, pushing particles through a 30" centrifuge, a continuous slurry feed concentrator that "batches" the concentrate during the run process. The internal chambers of the centrifuge fill up with lighter material (less than ¼"), which form soft fluidized "beds". As the heavier concentrate enters the centrifuge, it displaces the lighter material and anything larger than ¼" in size will return to the pulverizer and back to the centrifuge and finally the material passed through the custom built finalizing plant, resulting in approximately 90-99% recovery of gold. Since no process other than crushing is involved in the recovery of gold, high-grade construction sand will be produced as a by-product and the Company intends to add a revenue stream from the sale of its graphite by-product.
The Company has also leased heavy equipment including a hydraulic excavator, L110 wheeled loader, and 1850L three-toothed ripper crawler bulldozer, a 6X6 30 yard Volvo articulating dump truck and a Tamagotchi skid steer.
"We have been taking the last few weeks and fine-tuning our processing equipment, so that we may recover gold as seamless as possible, as we go into full production. We are excited about the opportunity to potentially recover more gold than historically recorded in the area and place Alabama back on the map as a gold producing state here in the U.S.," commented Charles H. Merchant, Sr., CEO of Southern U.S.A. Resources, Inc.
About Southern USA Resources, Inc.
Headquartered in Ashland, AL, Southern USA Resources, Inc. operates a gold mining operation and exploration group in the "Idaho District" of Northern Clay County Alabama. The Idaho District has numerous sites which have been producing mines and placer sites dating to the late 1800's. Using modern mining techniques, the Company is revisiting prior producing sites where it plans to excavate to a minimum depth of 80 feet, projecting the life of this project to be in excess of 20+ years.
For more information, visit: http://www.susaresources.com
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. Additional information on risks and other factors that may affect the business and financial results of Southern USA Resources, Inc. can be found in the filings of Southern USA Resources, Inc. with the U.S. Securities and Exchange Commission.
Southern USA Resources, Inc.
KEYWORDS: United States North America Alabama
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