Jul 14 2010
Selva Resources Corporation, the Nevada based gold refining company with operations in South America, announced today that they have engaged BalaClava Consultants of Lima, Peru to provide technical and business assistance for a mineral processing plant in Piura, Peru to be the first licensed facility to refine gold ore in the State.
Commenting on this strategic consultancy, Luis Pella Jr., CEO of Selva, stated, "We are extremely pleased to have the services of BalaClava S.A, namely Mr. Miguel Paez, available for the support of this planning effort. Mr. Paez is a recognized authority worldwide on the permitting and planning of large mineral projects in Peru.
"Mr. Paez, with his expertise in negotiating Peruvian government cooperation with foreign investment to the resource sector along with his associates across Peru, have had great success with assisting numerous private and government organizations in the assessment and development of mineral projects and the design of production plants for gold ore processing. We are confident that they will enable us to become the first processing company to obtain operating permits in Piura, thus making us the dominant processing company in the region."
Miguel Paez, President of BalaClava Consultants, added, "We are very excited to have the opportunity to work with Mr. Pella and his staff at Selva Resources. They have worked diligently toward helping pave the groundwork for a pioneering project with the ministry of mining in the state of Piura and have handed over to us a permit package without apparent roadblocks to completion."
Luis Pella Jr. went on to comment, "The efficient and economical processing of local gold production without the high cost of transportation will provide miners with a better ore price and the State with an important source of tax revenue now going to Nazca and Lima. In addition, a safe industrial processing option will help with environmental and worker issues. Selva's planned facility will create numerous jobs in Piura which currently has an unemployment rate of roughly 28%."
Mr. Pella added, "I think that our shareholders are going to be quite pleased when they see the benefits that a growth oriented company like ours will receive from working with a well established, respected group like BalaClava Consultants -- an organization that has had major successes on a domestic, as well as an international level."
Source: http://www.selvaresources.com/