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  • Tracking The Progress Of Raptor Resource Holdings Inc. (RRHI) And Its Subsidiaries 0 comments
    Sep 13, 2013 1:30 PM | about stocks: RRHI

    Raptor Resources Holdings Inc. is a holdings company with its focus on mineral resource acquisition, exploration, and development. The company's aim is to grow both organically and through the acquisition of seasoned mining and mineral assets. Its two subsidiaries are Mabwe Minerals Inc. (OTCQB: MBMI) and TAG Minerals Inc.

    Mabwe Minerals, a fully reporting, publicly traded natural resources and hard asset company, is engaged in industrial minerals and metals mining and commercial sales. Mabwe Minerals has been the focus of its parent company's efforts for the last two years to move into commercial barite production. The company's operations are conducted through its Zimbabwe parent/holding affiliate, Mabwe Corporation Limited, which includes the wholly owned subsidiary Mabwe Minerals Zimbabwe Limited and the minority owned WGB Kinsey & Company.

    Mabwe Minerals is currently focused on mining, logistics, and commercial sales at the Dodge Mine, which is a property consisting of various hydrothermal mountains that represent 123 hectares containing multiple deposits of superior-grade barite, limestone, and talc. The Dodge Mine's barite deposits were recently classified as "World Class" in quality by a third-party oil and gas drilling sector geologist, as well as highly efficient for mining through open pit extraction, following the barite veins and salvaging large percentages of barite within the halo zones through customized jigging systems. Massive deposits of barite have been indicated in gravity mapping of the property. To further confirm barite reserves, as well as to further explore widespread occurrences of gossan deposits that are frequently associated with gold, nickel, zinc, copper, and lead, a core drilling plan is under development. Mabwe Minerals is competitively positioned to support the barite demands of Europe and the Middle East and is ideally positioned to dominate the local region when addressing the immense oil and gas discoveries off the coast of Mozambique, including a long-term agreement to support demands within the Gulf of Mexico.

    TAG Minerals, Raptor Resources Holdings' second subsidiary, is a mineral and metal resource acquisition, exploration and development company. Through its relationship with Extrac-Tec, TAG Minerals is able to utilize the latest in heavy particle concentrators (HPC-30/HPC-100). Extrac-Tec's gold recovery and mineral separation technology captures as much as 98% of alluvial gold down to 50 microns. As Mabwe Minerals is now transitioning into barite and limestone production, Raptor Resources Holdings will now expand TAG Minerals' resources to evaluate & secure seasoned mining companies as well as acquire & develop greenfield assets aimed at gold along with other viable hard assets.

    In its latest company news, Raptor Resources Holdings reports that Mabwe Minerals recently entered into strategic alliances with Steinbock Minerals Limited and Yasheya Limited. Steinbock Minerals will service as the company's distributor and sales arm while Yasheya will serve as the company's shipping and delivery arm.

    For more information about Raptor Resources Holdings and its subsidiaries, visit raptorresourcesholdings.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Stocks: RRHI
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