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Gold/Mining/Energy
Minera IRL
An SI Board Since August 2011
Posts SubjectMarks Bans Symbol
1341 58 1 MIRL.CN
Emcee:  TheSlowLane Type:  Moderated
*** IMPORTANT - PLEASE READ ***
On July 27, 2021, Minera IRL announced three new executive appointments. Apparently this was done to address the concerns of Haywood (who had been retained as a financial advisor) in order to attract the funding required to advance the Ollachea project. Instead of allaying governance-related concerns, these appointments have ratcheted up the concerns of shareholders to a new level given the alleged lack of qualifications of the appointed personnel.

In response to these concerns, Mark Turner, who runs the Inca Kola News blog site has begun organizing a group of concerned shareholders and is in the process of finalizing a strategy to address the above and other concerns with the ultimate goal of displacing the current management in an effort to extricate at least some value for shareholders. If you are a shareholder and are not on the distribution list for the Concerned Shareholders group, you are able to join by sending an email to Mark at: renrutkram@yahoo.co.uk.




Overview

Minera IRL is a junior gold producer with projects in Peru. Corihuarmi is an operating mine in Peru that is currently producing gold per year, and helping to fund the company's exploration and development efforts. Ollachea, an advanced project, is an orogenic gold deposit located in Peru. Drilling to date has shown over 2.5MM oz Au (MI&I). There is potential to expand the deposit considerably. The company has driven a 1.2 Km tunnel to access the deposit, enabling deeper drilling that has not been possible due to terrain.
Advanced Projects
- Corihuarmi: Peru, producing gold, US$383 cash cost, 2017
- Ollachea: Peru | 2.5MM oz Au (MI&I) plus Concurayoc's 0.9MM oz Au Inferred | BFS complete | 4Q18 planned production start.

Resources
Minera IRL web site
Corporate Presentation
Ollachea: Puno Region - Site - Mine Plan - Schedule (old) - Magnetics - Economics - Costs
Charts: Daily - Weekly
Videos: Mineros do Ollachea Part 1 - Part 2 - Part 3 - Slide Show - Area Artisanal miners
Images: Ollachea 3-D
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ReplyMessage PreviewFromRecsPosted
1341Cue the Last Post.... LCLoneClone-January 9
1340No monthly on CSE.No trading .wrkoutmn50-January 8
1339Thanks LC and best of luck.wrkoutmn50-12/19/2023
1338I managed to sell all my MIRL shares today. I am going to take the loss and the LoneClone-12/19/2023
1337Surprise, surprise, no comment from MIRL.... Go away quietly into the nightwrkoutmn50-12/15/2023
1336Any news from the meeting yesterday?wrkoutmn50-12/12/2023
1335Yes! No news. We had big dreams with Ollachea.thanks LCwrkoutmn50-12/7/2023
1334BTW, the big loan repayment to COFIDES is now past due. Surprise, surprise, no cLoneClone-12/6/2023
1333 seekingalpha.com › article › 4561218-shovel-readyOllachea Mine Could Catapult wrkoutmn50-12/5/2023
1332Where was it published? It was probably paid for by DBhopelessdude-12/5/2023
1331How did we go from this seeking alpha article 2 years ago to where we are now? wrkoutmn50-12/5/2023
1330"The BOYS and Nancy"s" shaking the tree in a most inopportune timwrkoutmn50-12/4/2023
1329I have been e mailing Pedro Valdez and Susan Gabbie for very many months now askBreft-11/16/2023
1328At least they got to release some news next week. Or tomorrow after the close. TAlias63-11/16/2023
1327Thanks LC.It's been a sad journey since Argentina days.Hope to recover with wrkoutmn50-11/15/2023
1326Nothing. It is just a question at this point of how long they can keep the doorsLoneClone-11/13/2023
1325LC is there any news or any hope with this stock ?Thanks Johnwrkoutmn50-11/10/2023
1324Hopeless indeed... It's quite possible there will be no more production thiLoneClone-10/6/2023
1323Historical Shipped Onz. (Jan thru Sept as per Monthly Progress Reports): Year hopelessdude-10/6/2023
1322The IKN newsletter brings us two bits of news about Minera IRL. The first item iLoneClone19/11/2023
1321The IKN newsletter brings us news from the rapidly failing Minera Alamos aka MIRLoneClone-8/29/2023
1320Rearranging the deck chairs on the Titanic... Minera IRL Completes Phase 1 of tLoneClone17/31/2023
1319But wasnt the mine manager one of his sons? Doesnt look like a turnaround storyAlias63-7/17/2023
1318brings us yet more bad news. Not only was the June production number of 847oz ALoneClone-7/17/2023
1317Thanks LoneClone for sharing the few news about our kidnapped company.hopelessdude-6/18/2023
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