Japaul Gold and Ventures Plc recently signed Sand Mining Contract with Gravitas Investment Limited for sand mining, for the purpose of mining 3,500,000 cubic meters of sand for reclamation of Swamps and Lagoon at Gracefield Island (end of Chevron Drive), Lekki, Lagos State. The Contract worth is N26 billion, and the Project is to be completed within 26 months. The Management’s promise to the Shareholders to pay dividend is becoming a reality. The Company is moving up.
Japaul recently concluded Private Placement to raise fund for mining of Gold at various Gold Fields, for which it has Mining Leases and Exploration Permits. The exploration is being concluded and production of Gold is expected to commence on or before 2026, according to the Company Canadian Mining Manager, Mr. David Dawson. For Gold production to commence, custom made Gold Processing Plant has to be installed, and other infrastructures has to be built up. So, it is expected that Japaul starts producing Gold in the very near future.
Japaul recently concluded Private Placement to raise fund for mining of Gold at various Gold Fields, for which it has Mining Leases and Exploration Permits. The exploration is being concluded and production of Gold is expected to commence on or before 2026, according to the Company Canadian Mining Manager, Mr. David Dawson. For Gold production to commence, custom made Gold Processing Plant has to be installed, and other infrastructures has to be built up. So, it is expected that Japaul starts producing Gold in the very near future.