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Scalada Holdings, Ltd and its subsidiary Titan Holdings Inc., are thought to be encouraged by results of tests conducted on samples at two sites in Nevada. Further to the recent completion of initial tests conducted on ore samples from two Reno, Nevada sites, Scalada Holdings Ltd and its wholly owned subsidiary, Titan Holdings Inc., have indicated that they are prepared to commit to the commencement of an open-pit mining operation that will strip up to 50ft of topsoil from an as yet unspecified area of land over the two sites with a view to beginning excavation of gold-bearing rock within the next 6 months. Manly Logan, CEO of Scalada Holdings, Ltd. said, “It is our firm belief that these two Palomino Valley sites represent some of the most exciting and potentially lucrative gold mining opportunities in the great state of Nevada. While we will not discount the part that a small element of good fortune may have played in this discovery, in our view, it is the exceptional ability and utter dedication of our skilled personnel that will, ultimately, be the overwhelmingly deciding factor in the overall profitability of this venture.” Mr. Logan said that he intended to bring the full breadth of his company’s water treatment and desalination expertise to bear on the operation by ensuring that its activities would be as environmentally respectful and conscientious as they would be profitable. Answering questions about the future price of gold, Mr. Manly said, “There are those who remain skeptical of the direction in which gold prices are headed particularly in the wake of some fairly precipitous falls earlier this year but we remain confident that this correction is largely at an end and that the fundamentals for gold are as valid and pertinent as ever.” The state of Nevada is traditionally accommodative of mining operations and those within its state lines combined with those in other states have enabled the United States to vie with Australia for the position of number two gold producer in the world behind China. About Scalada Holdings, Ltd. Scalada Holdings, Ltd. is in the business of bringing green solutions to the global marketplace that produce sustainable outcomes along with its wholly owned subsidiary, Titan Holdings Inc., a Nevada based environmental company. Scalada Holdings provides integrated solutions over a wide range of technologies, services and extensive knowledge to allow global institutions to meet their environmental goals. To learn more about Scalada Holdings, Ltd., visit www.scaladaholdings.net For more information, Contact Jeremy Merritt, Vice President Scalada Holdings, Ltd. 77 Robinson Road Singapore 068896 Contact Phone: +65 6809 2235 Contact Email: info@scaladaholdings.net Website: www.scaladaholdings.net
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Scalada holdings, Singapore, Nevada, Mining, desalination,
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