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Our Goal

 
To maximize asset growth through the successful acquisition, exploration, development and production of selective gold and base metal properties. Placer Mining Corp to implement Eco-Safe green extraction methods to recover gold, silver and platinum values from the gravels located on Placer Mining Corp’s properties. Water and gravity will be the main separation methods used for gold extraction and non-toxic leach technology will be used in the black sands processing plants.

 
 
Latest News

(Reuters) - Gold held steady on Wednesday near its highest level in more than two weeks, taking a breather after the Greece bailout deal fuelled a rally in the previous session.

FUNDAMENTALS

* Spot gold rose to a 2-1/2-week high of $1,759.84 an ounce in early trade, before paring some gains to $1,756.81 an ounce by 0028 GMT, down 0.1 percent from the previous close.

* U.S. gold was little changed at $1,758.70.

* $1,760 has been the top of a range in which gold prices have seesawed since late January, and is considered a key resistance level.

* Gold prices rallied more than 1 percent on Tuesday after euro zone finance ministers agreed on a 130 billion euro bailout for Greece, which sent the euro to its highest in nearly two weeks and depressed the dollar index .DXY.

* The euphoria across asset classes after the Greek deal faded rapidly, as concerns about implementation of unpopular reforms in Greece resurfaced.

* Investors will be watching China's HSBC flash manufacturing activity survey. A strong reading would help underpin the risk appetite.

MARKET NEWS

* U.S. stocks ended little changed on Tuesday, paring gains after the Dow topped 13,000 for the first time since May 2008, and as higher oil prices damped prospects for the economy.

* The euro struggled to make any headway in Asia on Wednesday, having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal quickly gave way to concerns about economic growth and implementation risks.

(Reporting by Rujun Shen; Editing by Sugita Katyal)
 

Management

Panos D. Gianneotis - CEO/President

After serving in the United States Marine Corp while stationed in Japan, Mr. Gianneotis began prospecting in California, Oregon, Idaho, Nevada and Arizona.  Acquisition, location, staking, testing and development were prime endeavors for Mr. Gianneotis and to date he has staked over 1000 mineral properties in five western states over the course of 30 years.  Mr. Gianneotis managed two key placer operations in Applegate Oregon. He managed the O & C Mining Project in Baker City, Oregon and managed multiple sampling and testing projects in southwestern Oregon.  With 30 years of mining experience in conjunction with extensive background in real estate, business and finance, Mr. Gianneotis established Placer Mining Corp. The Company is currently one of the largest mining claim wholesalers in the country. Due to successful coordinating and an exceptional management team, Placer Mining Corp has structured multiple billion dollar mining projects which are poised for production and in various stages of development.

John M. Lopes - Chief Financial Officer

Born in Lisbon, Portugal and educated in Canada and Europe, Mr. Lopes is a Seasoned Public Finance Executive who studied Economics, Actuarial Science, Finance and Marketing. Mr. Lopes has applied his expertise serving all areas of Corporate Finance and Governance, Strategic Planning, M&A, Takeovers, Reverse Mergers, Investor Relations and International Trade. Over the last 25 years, Mr. Lopes has served as CEO and President of a number of private and public organizations and currently serves as Chairman of The JML Group, a private venture and human capital firm that collaborates with Entrepreneurs, Executive Teams, Financial Service Providers and Acquirers to help fund transformative companies. The JML Group's strategy is to commercialize unique opportunities by providing consulting and advisory services that spans risk managment, venture capital expansion, executive placement, buyouts, secondary offerings, spinouts, acquisitions, and recapitalization financing. To this end, Mr. Lopes works with the senior teams and acts primarily as the lead officer and director in assessing the risk of events occurring to help create policies for both businesses and clients that minimize the cost of that risk, and ensuring both the successful transition and transformation of these companies for principles and investors.



Michael Lowe – Vice President - Operations
Mr. Lowe previously served as president and manager of Orofino Corporation, which owned placer properties on the Green River in Utah and specialized in the recovery of very fine gold. Mr. Lowe helped design and implement the placer recovery plant and the processing lab in Vernal, Utah. Since then he has been actively prospecting, evaluating and acquiring properties for development in Colorado, Utah, Idaho, Wyoming, Nevada and Arizona with his partners Greg Lowe and William Henderson. Mr. Lowe is CO-founder of Lowe Alpine and Lowepro.   

 

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