Spectrum Acquisition Holdings, Inc. (PINKSHEETS: SPAH.PK), a mining technology developer with niche bio-mining technology has stated it plans to commence micro-drilling and core sample analysis for gold, silver and platinum on its three (3) gold mine property rights in the historic ancient rivers of gold in the Shasta Cascade region near the Oregon and California borders.
Using new small footprint technologies that are environmentally conscious and consistent with the state of California’s moratorium on river dredging for gold, the initial plan calls for geological core sampling using the latest green mining technologies demonstrating niche environmental alternatives with the potential of using algae to breakdown the minerals without disturbing the balance of nature.
(Source: US Patent 7,842,228)
Spectrum, through its acquisition of Avalon Perspectives Inc., is evaluating the reopening of three (3) once highly productive gold mines which have not been evaluated or assessed using modern seismic technology or geological engineering analysis since World War II.
President/CEO A. Dale Henry points out, “Spectrum is facing the same difficulty every new technology provider in America is, we are behind a rock and hard place, but our rock could turn out to be gold, if our honest estimates are correct. The greatest potential we have is that there has been zero mining in an area of high potential where a 31lb. surface pocket of gold was found on Graham Gulch 100 years ago and has never been revisited with modern high technology equipment.“
About Spectrum Acquisition Holdings, Inc.
Spectrum Acquisition Holdings Inc., is a new technologies engineering business serving the mining industry. It is developing “Small footprint” technologies including, Laser Guidance Systems for Diamond Wire Stone Cutting, Apparatus for Digesting Metal Ore with Bacteria and new Green Mining technologies that represent sustainable green mining innovations. The Company is focused on producing cash flows from its Western American Mining division and Avalon acquisitions, as well as, its proprietary Eco-Mining Technology.
Spectrum is executing a three-pronged strategy for growth. The Company is acquiring interests in high quality, low-risk gold projects with past production and sizeable resources. Spectrum is developing technology solutions to enable more sustainable, smaller footprint mineral exploration, production and processing. Spectrum is also pursuing acquisitions of mining sector service companies including operators, mine site service providers, equipment manufacturers, geology firms and technology developers.
Spectrum Acquisition Holdings, Inc.
A. Dale Henry, CEO/President, 512-924-9308
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