Sloud, an international holding firm, has declared that its subsidiary, LionSoar Minerals is preparing to begin the mining operations at the Sandia diamond project, which is situated in Sierra Leone’s Kono area. These operations will be commenced in about 90 days.
At present, sorting machines and heavy machinery are being purchased by the company to unearth alluvial diamonds. The area of this diamond project covers 10 ac having proven reserves of diamonds, with industrial grade and gem quality, and also other precious metals. Some of the main diamonds have been mined in this Kono area of Africa.
According to Sloud & LionSoar Minerals’ Chief Executive Officer, Tony Khodadad, the company is excited to purchase mining concessions in Sierra Leone, an area that is rich in diamonds. Equipment has been ordered to mobilize a considerable amount of material with speed and efficiency. The company is expecting that about 90 days will be taken to arrange the essential processing centers and to take control over the machinery to mine the precious metals and diamonds. The company’s aim is to carefully and efficiently explore this region for the coming years, obtain further concessions for mining, and begin multiple location operations all over Sierra Leone in Africa.
Sloud is headquartered in San Diego, California and is looking forward to construct value through the expansion and assistance of its subsidiaries and license contracts with service and product providers that are in line with the overall business model. The company is currently targeting holdings in the financial, mining and alternative energy industries. SouthWest Bio Fuels and Leone Asset Management are the two subsidiaries currently operated by the company.
Source: Sloud Inc.
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