Cacique Mining Inc.(GEGI) announces it is ready to launch phase one of its Guayuco project. The mine needs some initial development and some work needs to done with respect to infrastructure for transport, ventilation, and power supply.
Juan David Perez Schile, comments, “the plan is to have the upgraded version in production within four months. We should have an initial output of 2000 grams per month. After that grow it up to 6000 grams per month. After year one, we intend to apply organic growth to scale from there.”
Inca Worldwide (QEDN) receives its first shipment of Sacha Inchi in its new facility in Turbo to process. The new facility in Turbo is located next to the port of Uraba. The same port used to ship Banana worldwide. This new facility will allow us to process Sacha Inchi reducing cost of labor and also ship our product worldwide. The market in Colombia is also very big and we expect to start generating revenue for this quarter selling in Colombia and worldwide. Kate Bahnsen the CEO states: “This is a huge step for us being able to have our own facility will allows us to bring product to the market and be completive. With China coming into the market with 700,000 hectars to produce only Omega 3,6,9. We know the Chinese have not the process to bring the seed of Sacha Inchi to the taste we have, our very fertile land and our weather. Colombia has the ideal weather for Sacha Inchi not China.”