Exclusive Interview with Micheal Mitsunaga - President, CEO and DirectorArizona Gold and Onyx Mining Co PINK:VGCP
Arizona Gold and Onyx Mining Co PINK:VGCP is pursuing exploration and development on its polymetallic property, known as the Mayer Project, located in Arizona, the leading mining state in the U.S.A. Initially, the Company intends to commence production of high grade onyx from a large deposit on the property and to also investigate the occurrences of Gold, Silver, Platinum Group Metals (PGMs) and Copper that have been discovered on the property.
While a variety of onyx occurs on the project, the largest portion of the deposit consists of rare and beautiful Honey onyx, widely used in kitchens, baths and in many other interior and exterior décor. As well, pure black onyx coveted by the jewelry trade and other high-end users, and commanding a premium price in onyx markets worldwide, occurs on the property.
With rising demand and prices for high quality onyx, as well as for precious and base metals globally, Arizona Gold and Onyx is enthusiastic that its Mayer mining project in Arizona represents excellent potential and a compelling opportunity for profitable minerals production during the new global paradigm of the 20th Century in which mineral commodities are the foundation for economic growth.
What is the VGCP Estimated Reserve Today:
Currently, VGCP's estimated reserves are: $238 Million of onyx, and $18.7 Million of gold. These reserves do not include other precious metals, such as silver or copper.
What do you expect in reserves by year end:
Due to probable acquisitions, the estimated projections by the end of 2011 are: $1 Billion in onyx and between 18M and 24M ounces of gold. These projections do not include other precious metals, such as silver or copper.
Is funding in place for production:
The Company is has funding for our needs on an ongoing basis.
When will the company be producing Gold:
Aggressive estimates have the Company producing gold by year's end; conservative estimates put production out nine months to one year.
What $ value do you put on the Onyx reserves:
Current value of the onyx reserves is $238 Million.
When will Onyx production begin:
Onyx production is estimated to begin somewhere between twelve and eighteen months.
Where are the Gold Sites:
Currently, VGCP has the right to gold deposits in Arizona near Flagstaff at its Mayer Mine. VGCP is also reviewing two separate acquisitions in Arizona and Nevada. In the event that the Company is able to finalize either mine, the gold reserves would jump to between 18M and 24M ounces of gold reserves.
What Exchange are you aiming for:
The Company needs to be at least on the Bulletin Board, but preferably on a main board in the USA.
What is the news regarding drilling, testing:
After the finalization of the imminent financing, drilling and testing will begin immediately. Estimates are that the drilling and testing will take between ninety and one hundred eighty days to complete.
MICHAEL MITSUNAGA - President, CEO and Director
Mr. Mitsunaga brings over thirty years of successful entrepreneurial experience and business leadership to Arizona Gold and Onyx Mining Co. He majored in business administration at CSULA but left to establish a successful recycling company.
In addition to outstanding technical and entrepreneurial strengths, Mr. Mitsunaga has demonstrated excellent business and finance acumen at the most senior levels by achieving notable successes in managing and guiding corporate growth.
Mr. Mitsunaga served as the CEO and President of TSM Recovery and Recycling for twenty years, where he developed and patented his own process for recovering silver from photographic solution, which propelled his company to become the largest processor of photographic solution during the 1980s. Mr. Mitsunaga also invented a machine capable of bypassing then-existing limits on quantitative refinement, which resulted in greatly reduced production costs and enhanced recovery of silver, all of which bolstered his company's bottom line. He has provided expert consulting services within this industry for over nine years.
Mr. Mitsunaga served as President of North American operations for Union Pacific Foods, where he was instrumental in increasing annual corporate profits from $1 million to over $30 million in just five years. He simultaneously founded his own successful international trading company in the Far East, which has been in operation for over 25 years. Additionally, Mr. Mitsunaga has eight years of experience financing and funding real estate projects for private and public companies.
EDUARDO STALLINGS - Vice President and Director
Eduardo Stallings is the Director of Operations for Arizona Gold & Onyx Mining Company. Mr. Stallings utilizes his substantial leadership, management, and communication skills to drive the company's operations while improving efficiencies and employee productivity.
Mr. Stallings earned his Bachelor of Science degree in Biomedicine in 1983. He received certification by the NYS Department of Health Aid Institute in 1995, and became a certified Phlebotomy Technician in 1997.
Subsequently, Mr. Stallings pursued a career in the insurance industry. In 1998, he earned his Life, Accident, Health and Agents Insurance Licenses from the Pohs Institute. Since then, he has provided comprehensive insurance policies to individuals and families.
PHILLIP MARTIN - Treasurer
Phillip Martin serves as Treasurer for Arizona Gold & Onyx Mining Co. He brings over 20 years of extensive information technology experience to the company. His areas of expertise include building and managing sophisticated networks, overseeing relational database management systems, website development, and computer hardware administration.
Mr. Martin served in the United States Army for twelve years, where he has held key leadership positions. During his military tenure, Mr. Martin earned numerous medals and achievements, including two Meritorious Service Medals, and also earned his Bachelor of Science degree.
RICHARD A. JOHNSON - Chief Financial Officer
To the position of Chief Financial Officer at Arizona Gold and Onyx Mining Co., Richard Johnson brings a wealth of experience at the senior executive levels in the areas of Corporate Finance, Business Planning & Operations, R&D and Administration. His considerable strengths in the areas of Finance and Corporate Administration will greatly assist the Company as it advances towards production at Mayer.
Mr. Johnson's enviable record of achievements at the executive level includes, latterly, CFO at Early Detect Inc. where he supervised the financial activities of the Company and its subsidiaries over a span of 4.5 years. Previously, he held positions of Chief Financial Officer, General Manager and Director in industry and also was a Senior Management and Finance Consultant to the manufacturing, retail, agriculture and service industries for fifteen years as well as Program Control Director and Management Consultant with a major international Engineering and Construction Corporation. Early in his career, Mr. Johnson spent eleven years with the U.S. Department of Energy, Las Vegas, where he had the responsibilities of financial analysis, budgeting and Safety analysis in the areas of nuclear explosives internationally.
Shayne Heffernan oversees the management of funds for institutions and high net worth individuals.
Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services. www.livetradingnews.com