Drake Gold Announces Renewed Directional Focus

By: Drake Management


Following our organizational restructuring with Drake’s new management, we are sharpening our focus on the mining of minerals and precious metals. Although we formerly pursued interests in oil and natural gas, we have decided at this time such pursuits are distractions from our core gold-mining business. As a result, the board has ceased expending time and resources in the oil/natural gas sector.

With the great influx of opportunities from our relationship with AERO Mining Tech as distributors of Dove Mining equipment, and our efforts to move into full-scale production on our Georgia mining claim, our time and attention must be channeled effectively in order to maximize success.

One immediate objective is the coordination of our Dove Explorer 500 arrival with the completion of all required mining permits. We are pleased to report a recent surge of interest in our Dove Mining equipment distribution arm. As mentioned in previous updates, our ongoing relationship with AERO has opened up several new opportunities for potential joint ventures and future projects.

With such important considerations requiring our attention, tightening our focus solely on mining will maximize our efforts for success as a producing mining company and a leader in the distribution of mining equipment.

Katherine Jones, VP of Operations, has this to say: “Mr. Marconette’s decision to secure the relationship with one of the world’s largest mining manufacturers has opened up an invaluable source of opportunity for Drake. We are currently reviewing equipment contacts with established mining companies and exploring joint-venture opportunities with turnkey operations.”

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