Converge Global, Inc., a junior mining company, engages in the acquisition, exploration and development of mining properties in North America containing principally gold as well as other precious metals. Their strategy is to maximize shareholder value through aggressive acquisitions of exploration properties in politically stable and secure regions that maintain mining-friendly policies and administrations.
The Company’s plan of procedure is to build a stellar inventory of precious metal properties. They look to hire or contract expert geological and engineering talent available to develop the properties. Converge Global’s focus is to utilize the most current, efficient exploration/mining technologies to aid the Company’s operational talent in their mission to discover and develop promising properties.
Converge Global Inc.’s 100 percent owned exploration projects include the Eagle Nest Mining Property in La Paz County, Arizona and both the Golden Teacup and Golden Twist properly claims located in Northern Ontario, Canada. Their Eagle Nest Mining Property comprises 25 lode type mining claims totaling approximately 256 hectares (633 acres) in the Buckskin Mountains, La Paz County, Arizona. This is a well known and historical mining district.
This past July, the Company announced the results of a series of additional concentration tests on samples taken at the Eagle Nest Mining Property. The tests performed on 100-150 mesh #1 concentrates produced 7.42 ounces of gold per ton, on 50-100 mesh #2 concentrates produced .814 ounces of gold per ton and on 25-50 mesh #3 produced nil.
The Eagle Nest claims includes a previously producing Au-Cu-Ag-Fe (Gold, Copper, Silver and Iron) mine located 10 miles off Highway 95 in La Paz County, Arizona. Mineralization previously documented on Eagle Nest is very fine-grained to visible flaky gold, with oxidized copper ores and staining, in a linear, lenticular ore body with a steeply dipping fault zone cutting metamorphic Mesozoic, red, hematitic shale. Additionally, Lenticular ore body formed from oxidation and enrichment was also found in the fault zone.
The Company also has their Golden Tea Cup Project. They own 100 percent interest in six mineral claims located in the Province of Ontario. Three claims are located in the Cairo Township with the other three claims being located in the Alma Township. Both the Cairo and Alma projects combined consist of approximately 2,680 acres of adjoined property. Overburden thickness in the area of particular interest (high-grade gold mineralization) ranges from one to four feet. There are also significant traces of copper, silver and lead mineralization in quartz samples throughout the Cairo and Alma properties.
Furthermore, Converge Global, Inc. acquired a 100 percent interest of the Golden Twist property claims located in Powell Township, Larder Lake Mining Division, District of Temiskaming, in the Province of Ontario, Canada. The Golden Twist Property consists of 7 claims with 64 units and is 5 km west-northwest of the town of Matachewan.
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