Disclaimer:
Placer Mining Corp has taken all reasonable care in preparing and publishing on a regular basis, information on this Web site. The information is not a substitute for detailed investigation or analysis on any issue and may not always be current. The contents of this Web site are not and should not be used as a substitute for independent professional advice in making an investment decision, and Placer Mining Corp will not be responsible for any loss or damage arising from the use of this information. The principal asset of Placer Mining Corp is a 100 per cent ownership interest in the "Gold Nugget" Project in the State of Arizona. This Project is in the pre-feasibility study stage of development on millions of yards of alluvial placer gravel. The Company’s future financial performance largely depends on the successful development of the Project and other properties in which Placer Mining Corp has an interest. The mineral exploration business has very high risks and there is no assurance that a project will ever become a mine. Placer Mining Corp has not generated any revenues from mining properties since inception in 2005. The property underlying the "Gold Nugget" Project was purchased in 2007 and the first bulk sampling procedure occurred in 2007. Subject to the receipt of government permits and a production decision by Placer Mining Corp and its partners if any, initial production could begin in the second half of 2008. At the feasibility level, estimated capital costs for the life of the project are up of $300,000,000.00 with a 15 per cent confidence factor. This Web- site contains forward-looking statements about Placer Mining Corps plans for its development properties, based on the conclusions of management. Placer Mining Corp cautions investors that due to risks and uncertainties, actual events may differ materially from current expectations. With respect to the "GOLD NUGGET" Project, differences may result from additional drilling, sampling and metal valuations; from engineering and construction timetables; from financial arrangements; from developments in world metal markets; from local, regional or national political developments in the United States; from the timing of regulatory and environmental approvals and other factors. Actual events may differ from current expectations due to changing budget priorities of Placer Mining Corp or its partners and other factors.
