FERNDALE, WA / ACCESSWIRE / August 11, 2014 / Brookmount Exploration, Inc. (OTC Pink: BMXI) (PINKSHEET: BMXI) is pleased to provide a corporate update. The company is implementing its corporate strategy of developing its flagship Mercedes 100 gold and silver project in Peru. The company has recently extended its permits until 2015. For reference, Brookmount has spent over 3 million developing the Mercedes 100 Project. The project has over 1500 meters of underground workings, an accredited 43-101 Report and a 1000 ton bulk sample test which confirms grades and potential feasibility of this project.
Extending the permits is a significant milestone for the company. Additionally, the company has recently engaged anew legal and accounting initiatives in order to bring all the filings up to date. Terry Fields, President, stated, "As we work through getting our administrative house in order, the company is looking for additional board members and advisors who have specific experience necessary to put a mine into production in Peru."
About Brookmount Explorations Inc
Brookmount Explorations Inc. is a Nevada registered exploration stage resource company. Brookmount was formed in 1999, and in February 2005 acquired the Mercedes 100 Mining Concession in Peru. Management is focused on the acquisition and development of other quality resource properties, with a special focus on Peru.
Brookmount Explorations Inc
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SOURCE: Brookmount Explorations Inc