We are entertaining the idea of additional funding to a maximum of $12 million dollars, of which 8 million will be secured by land and inquart metal, gold, palladium and platinum.  The balance will be used to build a state of the art research facility complete with scanning electronic microscope and x-ray diffraction capabilities, equipment to expand our production facilities and operate for a 3 year period, including all labor, etc.  The funding can be raised by private placement, convertible debentures, or by loans from interested parties.  However, we will need to raise some $270,000 to operate for the next 6 months, which is the estimated time we will need to arrange the maximum amount of funding we desire. We have several groups that have shown considerable interest.

In order to do the above we feel that we will need a third party certification, to prove that our process is viable and that we can and are doing exactly what we are claiming we can do, an entity or individual whose reports would be accepted by any major mining company or the industry as a whole.

PGM metals: Until we are able to process numerous tanks of palladium and platinum we can only guess, using lab assays, that we can recover in the neighborhood of 3 to 5 ounces per 1000 gallon.

In the meantime and until maximum funding is forthcoming we will continue processing gold, putting the final product into our vault at our refiners until we need it.

Using the figures that we have arrived at consistently, 1.1 ounce average per 1000 gallon tank by considerable processing of 20 and 40 gallon tanks the following numbers are a definite possibility:  By processing 10-1000 gallon tanks per day for gold, (recovering 34.2 grams per tank or 342 grams daily), 5 days per week, = (1710 grams) 4 weeks per month, (6,840 grams or 219.9 oz.}=  2639.28 ounces annually) 12 months per year and based on precious metal prices as of 9/19/08, we could show a gross income of some $2,298,812.88 dollars annually from gold alone.  However, to do the above we will need large amounts of gold as inquart per each tank, which we can use continually, thereby eliminating having to purchase more inquart.  We will continue doing what we can do with the inquart we have now, but using only 20/40 gallon tanks.

The purity of our final gold product is from 99.8 (SEM)(Scanning Electronic Microscopy) to 99.93 (refiner’s assay) percent.  This is why we need a third party certification, to prove that our numbers are in the realm of reality, 100% accurate and not a figment of our imagination. 

NOTE:  Barrick Gold, a major mining company has an average grade of 3.55 grams per ton in reserves from all of their 4 North American mines and their average mining cost is $541 per oz.  GPGI is averaging 34.2 grams per 1000 gallon and their cost is less than $100 per ounce.