We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Minera IRL
An SI Board Since August 2011
Posts SubjectMarks Bans Symbol
1329 58 1 MIRL.CN
Emcee:  TheSlowLane Type:  Moderated
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:


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.

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
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
1329I have been e mailing Pedro Valdez and Susan Gabbie for very many months now askBreft-November 16
1328At least they got to release some news next week. Or tomorrow after the close. TAlias63-November 16
1327Thanks LC.It's been a sad journey since Argentina days.Hope to recover with wrkoutmn50-November 15
1326Nothing. It is just a question at this point of how long they can keep the doorsLoneClone-November 13
1325LC is there any news or any hope with this stock ?Thanks Johnwrkoutmn50-November 10
1324Hopeless indeed... It's quite possible there will be no more production thiLoneClone-October 6
1323Historical Shipped Onz. (Jan thru Sept as per Monthly Progress Reports): Year hopelessdude-October 6
1322The IKN newsletter brings us two bits of news about Minera IRL. The first item iLoneClone1September 11
1321The IKN newsletter brings us news from the rapidly failing Minera Alamos aka MIRLoneClone-August 29
1320Rearranging the deck chairs on the Titanic... Minera IRL Completes Phase 1 of tLoneClone1July 31
1319But wasnt the mine manager one of his sons? Doesnt look like a turnaround storyAlias63-July 17
1318brings us yet more bad news. Not only was the June production number of 847oz ALoneClone-July 17
1317Thanks LoneClone for sharing the few news about our kidnapped company.hopelessdude-June 18
1316IKN brings us more bad news. Apparently there have been other employee resignatiLoneClone-June 14
1315Thank you for the additional information! Sounds like the CFO got some decencyAlias63-June 5
1314IKN provided more info this weekend, and unfortunately it is much more complicatLoneClone2June 5
1313If your annuals are delayed by 2 months and internal audits have to be changed bAlias631June 2
1312Rats deserting the sinking ship. Also, for the CFO reputation, a bankrupt companhopelessdude-June 2
1311My question is, did the CFO get fired because he is merely complicit in the corrLoneClone-June 2
1310The NR tells something: no thank you, nothing. He didnt leave the company on goAlias631June 2
1309Doubt it was a voluntary resignation. The CFO was probably the fall-guy for the HBrooke1June 2
1308The CFO resigned yesterday[Carlos Ruiz de Castilla].wrkoutmn50-June 2
1307Does anyone have a good reason why I should hold this POS? Thankwrkoutmn50-May 31
1306And now we hear that the books won't be straightened out until at least the LoneClone2May 18
1305IKN also brought us news about Mineral IRL. April production at their CorihuarmiLoneClone1May 9
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):