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Gold/Mining/Energy
Minera IRL
An SI Board Since August 2011
Posts SubjectMarks Bans Symbol
1289 58 1 MIRL.CN
Emcee:  TheSlowLane Type:  Moderated
Introduction Market Data Compact
*** 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
1289Diego!The rope-a-dope- is over.Time to come out swinging!wrkoutmn50-March 20
1288What is Benavides doing? The usual, nothing, while collecting his absurdly high LoneClone1March 15
1287What is Diego Benavides doing with the OLLACHEA gold mind?wrkoutmn50-March 15
1286 [graphic] john mc dermott @johnmcd28320192 · Mar 10 Replying twrkoutmn50-March 15
1285I'm not holding my breath, I gave up on these turkeys a while back. Just poTerry Maloney-March 6
1284Hopefully with the March 17th signing we get news on Ollachea soon afterwards.Liwrkoutmn50-March 6
1283Rough translation: Dialogue table concludes with the signing of a framework agrTerry Maloney-March 5
1282This maybe is more good than bad: energiminas.comAlias63-March 5
1281Another lesson that thus man is not to be trusted.... LCLoneClone1March 2
1280Pedro Valdez! Diego told me in December 2020 that Ollechea would be in PRODUCTIOwrkoutmn50-March 1
1279Minera IRL Announces Gold Shipment Increase in January 2023 ca.finance.yahoo.coLoneClone-March 1
1278Minera IRL Announces 2022 Gold Shipment Results ca.finance.yahoo.com Minera IRLoneClone-February 21
1277Keep that prey bit happening, prayer has not worked so far.ralfph-January 22
1276DB has run the company into the ground and now he is trying to run the clock outwrkoutmn50-January 11
1275Thank you. Sounds reasonable. The Business Enquirer got the following quote froAlias63-January 10
1274As far as I know there is nothing going on with the company right now except peoLoneClone-January 10
1273The debt trap...brutal! Do you know, if there are any LOIs, have been any site-Alias63-January 9
1272You are probably right, but I doubt it can help this company as long as this manLoneClone2January 9
1271Can $2500 gold save Minera irl.I think gold breaks out this year.wrkoutmn50-January 6
1270Wow!What a sad story.wrkoutmn50-12/17/2022
1269Wouldn't it be nice to have management in place that you could actually trusLoneClone112/16/2022
1268They kind of mentioned it in their latest newsletter:"we also have taken thAlias63212/16/2022
1267This recent charm offensive is a bit odd, but consider they still haven't saLoneClone-12/15/2022
1266I ask myself why they push Corihuarmi so hard with lots of NRs lately? Do theyAlias63-12/14/2022
1265What might be good news coming from another company is unfortunately bad news foLoneClone-12/13/2022
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